GBP USD Technical Analysis August 19, 2021
The GBP rose 0.12% against the USD on Wednesday and closed at 1.3755. Today in the Asian session, while GBP USD Technical Analysis August 19, 2021at 5:15 GMT, the GBP/USD is trading at 1.3700, which is 0.40% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3675 and a fall through could take it to the next support level of 1.3600 The pair is expected to find its first resistance at 1.3760 and a rise through could take it to the next resistance level of 1.3785. Today’s expected trading range is between 1.3575 support and 1.3795 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3675
Support 2: 1.3600
Support 3: 1.3575
Important resistance levels:
Resistance 1: 1.3760
Resistance 2: 1.3785
Resistance 3: 1.3795