GBP USD Technical Analysis June 22, 2022
The GBP rose 0.22% against the USD on Tuesday and closed at 1.2276. Today in the Asian session, while GBP USD Technical Analysis 31 May 2022, is preparing at 5:15 GMT, the GBP/USD is trading at 1.2205, which is 0.55% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2120 and a fall through could take it to the next support level of 1.2100 The pair is expected to find its first resistance at 1.2280 and a rise through could take it to the next resistance level of 1.2320. Today’s expected trading range is between 1.2040 support and 1.2400 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2120
Support 2: 1. 2100
Support 3: 1. 2040
Important resistance levels:
Resistance 1: 1.2280
Resistance 2: 1.2320
Resistance 3: 1.2400
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