GBP USD Technical Analysis August 6, 2021
The GBP rose 0.30% against the USD on Thursday and closed at 1.3929. Today in the Asian session, while GBP USD Technical Analysis August 6, 2021at 4:15 GMT, the GBP/USD is trading at 1.3910, which is 0.14% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3885 and a fall through could take it to the next support level of 1.3875 The pair is expected to find its first resistance at 1.3945 and a rise through could take it to the next resistance level of 1.3955. Today’s expected trading range is between 1.3945 support and 1.3980 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3885
Support 2: 1.3875
Support 3: 1.3845
Important resistance levels:
Resistance 1: 1.3945
Resistance 2: 1.3955
Resistance 3: 1.3980