GBP USD Technical Analysis July 5, 2022
The GBP rose 0.03% against the USD on Monday and closed at 1.2104. Today in the European session, while GBP USD Technical Analysis 31 May 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.2115, which is 0.09% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2095 and a fall through could take it to the next support level of 1.2070 The pair is expected to find its first resistance at 1.2160 and a rise through could take it to the next resistance level of 1.2185. Today’s expected trading range is between 1.1975 support and 1.2210 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2095
Support 2: 1. 2070
Support 3: 1. 1975
Important resistance levels:
Resistance 1: 1.2160
Resistance 2: 1.2185
Resistance 3: 1.2210
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