GBP USD Technical Analysis August 23, 2022
The GBP declined 0.56% against the USD on Monday and closed at 1.1766. Today in the European session, while the GBP USD Technical Analysis August 23, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.1770, which is 0.03% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1720 and a fall through could take it to the next support level of 1.1680 The pair is expected to find its first resistance at 1.1865 and a rise through could take it to the next resistance level of 1.1895. Today’s expected trading range is between 1.1630 support and 1.1925 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 1720
Support 2: 1. 1680
Support 3: 1. 1630
Important resistance levels:
Resistance 1: 1.1865
Resistance 2: 1.1895
Resistance 3: 1.1925
EUR/USD Technical Analysis August 23, 2022
USD/JPY Technical Analysis August 23, 2022
USD/CAD Technical Analysis August 23, 2022