GBP USD Technical Analysis July 19, 2022
The GBP rose 0.70% against the USD on Monday and closed at 1.1951. Today in the European session, while GBP USD Technical Analysis July 19, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.2021, which is 0.57% 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 1.1925 The pair is expected to find its first resistance at 1.2040 and a rise through could take it to the next resistance level of 1.2050. Today’s expected trading range is between 1.1865 support and 1.2100 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 1960
Support 2: 1. 1925
Support 3: 1. 1865
Important resistance levels:
Resistance 1: 1.2040
Resistance 2: 1.2050
Resistance 3: 1.2100
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