GBP USD Technical Analysis August 4, 2022
The GBP declined 0.15% against the USD on Wednesday and closed at 1.2146. Today in the European session, while the GBP USD Technical Analysis August 4, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.2112, which is 0.28% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2190 and a fall through could take it to the next support level of 1.2065 The pair is expected to find its first resistance at 1.2165 and a rise through could take it to the next resistance level of 1.2020. Today’s expected trading range is between 1.2020 support and 1.2290 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2090
Support 2: 1. 2065
Support 3: 1. 2020
Important resistance levels:
Resistance 1: 1.2210
Resistance 2: 1.2240
Resistance 3: 1.2290
EUR/USD Technical Analysis August 4, 2022
USD/JPY Technical Analysis August 4, 2022
USD/CAD Technical Analysis August 4, 2022