GBP USD Technical Analysis August 30, 2022
The GBP declined 0.16% against the USD on Monday and closed at 1.1710. Today in the European session, while the GBP USD Technical Analysis August 30, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.1715, which is 0.04% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1687 and a fall through could take it to the next support level of 1.1615 The pair is expected to find its first resistance at 1.1760 and a rise through could take it to the next resistance level of 1.1800. Today’s expected trading range is between 1.1600 support and 1.1860 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 1687
Support 2: 1. 1615
Support 3: 1. 1600
Important resistance levels:
Resistance 1: 1.1760
Resistance 2: 1.1800
Resistance 3: 1.1860
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