GBP USD Technical Analysis July 26, 2022
The GBP rose 0.34% against the USD on Monday and closed at 1.2042. Today in the European session, while the GBP USD Technical Analysis July 26, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.2005, which is 0.30% lower 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 1.1917 The pair is expected to find its first resistance at 1.2090 and a rise through could take it to the next resistance level of 1.2100. Today’s expected trading range is between 1.1890 support and 1.2160 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 1960
Support 2: 1. 1917
Support 3: 1. 1890
Important resistance levels:
Resistance 1: 1.2090
Resistance 2: 1.2100
Resistance 3: 1.2160
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