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GBP USD Technical Analysis July 20, 2021

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GBP USD Technical Analysis July 20, 2021

The GBP declined 0.18% against the USD on Monday and closed at 1.3722. Today in the Asian session, while GBP USD technical Analysis July 20, 2021at 4:15 GMT, the GBP/USD is trading at 1.3730, which is 0.25% lower against the USD from yesterday’s close.

The pair is expected to find support at 1.3630 and a fall through could take it to the next support level of 1.3600 The pair is expected to find its first resistance at 1.3687 and a rise through could take it to the next resistance level of 1.3700. Today’s expected trading range is between 1.3565, support and 1.3745 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3630
Support 2: 1.3600
Support 3: 1.3565

Important resistance levels:

Resistance 1: 1.3687
Resistance 2: 1.3700
Resistance 3: 1.3745

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