GBP USD Technical Analysis June 9, 2023
The GBP rose 0.96% against the USD on Thursday and closed at 1.2557. Today in the European session, while the GBP USD Technical Analysis June 9, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2552, which is 0.04% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2500 and a fall-through could take it to the next support level of 1.2475 The pair is expected to find its first resistance at 1.2565 and a rise-through could take it to the next resistance level of 1.2580. Today’s expected trading range is between 1.2430 support and 1.2600 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2500
Support 2: 1. 2475
Support 3: 1. 2430
Important resistance levels:
Resistance 1: 1.2565
Resistance 2: 1.2580
Resistance 3: 1.2600
EUR/USD Technical Analysis June 9, 2023
USD/JPY Technical Analysis June 9, 2023
USD/CAD Technical Analysis June 9, 2023