GBP USD Technical Analysis June 24, 2022
The GBP declined 0.05% against the USD on Thursday and closed at 1.2259. 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 1.2252, which is 0.06% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2240 and a fall through could take it to the next support level of 1.2222 The pair is expected to find its first resistance at 1.2292 and a rise through could take it to the next resistance level of 1.2322. Today’s expected trading range is between 1.2165 support and 1.2400 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2240
Support 2: 1. 2222
Support 3: 1. 2165
Important resistance levels:
Resistance 1: 1.2292
Resistance 2: 1.2322
Resistance 3: 1.2400
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