GBP USD Technical Analysis July 28, 2022
The GBP rose 1.04% against the USD on Wednesday and closed at 1.2157. Today in the European session, while the GBP USD Technical Analysis July 28, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.2125, which is 0.25% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2085 and a fall through could take it to the next support level of 1.2055 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 1.2120. Today’s expected trading range is between 1.2020 support and 1.2330 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2085
Support 2: 1. 2055
Support 3: 1. 2020
Important resistance levels:
Resistance 1: 1.2190
Resistance 2: 1.2220
Resistance 3: 1.2330
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