GBP USD Technical Analysis December 20, 2022
The GBP rose 0.02% against the USD on Monday and closed at 1.2150. Today in the European session, while the GBP USD Technical Analysis December 20, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2141, which is 0.06% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2090 and a fall through could take it to the next support level of 1.2050 The pair is expected to find its first resistance at 1.2220 and a rise through could take it to the next resistance level of 1.2240. Today’s expected trading range is between 1.1905 support and 1.2340 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2090
Support 2: 1. 2050
Support 3: 1. 1905
Important resistance levels:
Resistance 1: 1.2220
Resistance 2: 1.2240
Resistance 3: 1.2340
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