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GBP USD Technical Analysis June 27, 2023

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GBP USD Technical Analysis June 27, 2023

The GBP rose 0.01% against the USD on Monday and closed at 1.2711. Today in the European session, while the GBP USD Technical Analysis June 27, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2727, which is 0.12% higher than the USD from yesterday’s close.

The pair is expected to find support at 1.2690 and a fall-through could take it to the next support level of 1.2650 The pair is expected to find its first resistance at 1.2750 and a rise-through could take it to the next resistance level of 1.2795. Today’s expected trading range is between 1.2630 support and 1.2840 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1. 2690
Support 2: 1. 2650
Support 3: 1. 2630

Important resistance levels:

Resistance 1: 1.2750
Resistance 2: 1.2795
Resistance 3: 1.2840

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