GBP USD Technical Analysis July 15, 2022
The GBP declined 0.54% against the USD on Thursday and closed at 1.1822. Today in the European session, while GBP USD Technical Analysis 31 May 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.1825, which is 0.02% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1760 and a fall through could take it to the next support level of 1.1700 The pair is expected to find its first resistance at 1.1850 and a rise through could take it to the next resistance level of 1.1890. Today’s expected trading range is between 1.1685 support and 1.1960 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 1760
Support 2: 1. 1700
Support 3: 1. 1685
Important resistance levels:
Resistance 1: 1.1850
Resistance 2: 1.1890
Resistance 3: 1.1060
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