GBP USD Technical Analysis January 4, 2023
The GBP rose 0.63% against the USD on Wednesday and closed at 1.1867. Today in the European session, while the GBP USD Technical Analysis January 4, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2053, which is 0.70% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1960 and a fall-through could take it to the next support level of 1.1900 The pair is expected to find its first resistance at 1.2085 and a rise through could take it to the next resistance level of 1.2100. Today’s expected trading range is between 1.1800 support and 1.2125 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 1960
Support 2: 1. 1900
Support 3: 1. 1800
Important resistance levels:
Resistance 1: 1.2085
Resistance 2: 1.2100
Resistance 3: 1.2125
EUR/USD Technical Analysis January 4, 2023
USD/JPY Technical Analysis January 4, 2023
USD/CAD Technical Analysis January 4, 2023