GBP USD Technical Analysis December 21, 2022
The GBP rose 0.29% against the USD on Tuesday and closed at 1.2181. Today in the European session, while the GBP USD Technical Analysis December 21, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2106, which is 0.62% 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 1.2030 The pair is expected to find its first resistance at 1.2180 and a rise through could take it to the next resistance level of 1.2220. Today’s expected trading range is between 1.1905 support and 1.2240 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2090
Support 2: 1. 2030
Support 3: 1. 1905
Important resistance levels:
Resistance 1: 1.2180
Resistance 2: 1.2220
Resistance 3: 1.2240
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