GBP USD Technical Analysis July 24, 2023
The GBP declined 0.08% against the USD on Friday and closed at 1.2853. Today in the European session, while the GBP USD Technical Analysis July 24, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2838, which is 0.11% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2815 and a fall-through could take it to the next support level of 1.2750 The pair is expected to find its first resistance at 1.2880 and a rise-through could take it to the next resistance level of 1.2900. Today’s expected trading range is between 1.2730 support and 1.2960 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2815
Support 2: 1. 2750
Support 3: 1. 2730
Important resistance levels:
Resistance 1: 1.2880
Resistance 2: 1.2900
Resistance 3: 1.2960
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