GBP USD Technical Analysis June 29, 2022
The GBP declined 0.67% against the USD on Tuesday and closed at 1.2182. Today in the European session, while GBP USD Technical Analysis 31 May 2022, is preparing at 11:15 GMT, the GBP/USD is trading at 1.2145, which is 0.30% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2140 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 1.2210 and a rise through could take it to the next resistance level of 1.2240. Today’s expected trading range is between 1.2040 support and 1.2290 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2140
Support 2: 1. 2100
Support 3: 1. 2040
Important resistance levels:
Resistance 1: 1.2210
Resistance 2: 1.2240
Resistance 3: 1.2290
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