GBP USD Technical Analysis July 13, 2023
The GBP rose 0.45% against the USD on Wednesday and closed at 1.2988. Today in the European session, while the GBP USD Technical Analysis July 13, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.3065, which is 0.60% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2990 and a fall-through could take it to the next support level of 1.2965 The pair is expected to find its first resistance at 1.3075 and a rise-through could take it to the next resistance level of 1.3100. Today’s expected trading range is between 1.2905 support and 1.3125 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2990
Support 2: 1. 2965
Support 3: 1. 2905
Important resistance levels:
Resistance 1: 1.3075
Resistance 2: 1.3100
Resistance 3: 1.3125
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