GBP USD Technical Analysis July 7, 2022
The GBP declined 1.21% against the USD on Wednesday and closed at 1.1923. 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 1.1962, which is 0.32% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1910 and a fall through could take it to the next support level of 1.1875 The pair is expected to find its first resistance at 1.1990 and a rise through could take it to the next resistance level of 1.2040. Today’s expected trading range is between 1.1800 support and 1.2085 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 1910
Support 2: 1. 1875
Support 3: 1. 1800
Important resistance levels:
Resistance 1: 1.1990
Resistance 2: 1.2040
Resistance 3: 1.2085
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