GBP USD Technical Analysis August 20, 2021
The GBP declined 0.86% against the USD on Thursday and closed at 1.3635. Today in the Asian session, while GBP USD Technical Analysis August 20, 2021at 5:15 GMT, the GBP/USD is trading at 1.3613, which is 0.16% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3570 and a fall through could take it to the next support level of 1.3525 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 1.3500 support and 1.3685 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3570
Support 2: 1.3525
Support 3: 1.3500
Important resistance levels:
Resistance 1: 1.3680
Resistance 2: 1.3730
Resistance 3: 1.3785