GBP USD Technical Analysis March 2, 2023
The GBP rose 0.04% against the USD on Thursday and closed at 1.2025. Today in the European session, while the GBP USD Technical Analysis March 2, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.1984, which is 0.35% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2015 and a fall-through could take it to the next support level of 1.1980 The pair is expected to find its first resistance at 1.2035 and a rise-through could take it to the next resistance level of 1.2085. Today’s expected trading range is between 1.1850 support and 1.2145 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 1960
Support 2: 1. 1925
Support 3: 1. 1850
Important resistance levels:
Resistance 1: 1.2035
Resistance 2: 1.2085
Resistance 3: 1.2145
EUR/USD Technical Analysis March 2, 2023
USD/JPY Technical Analysis March 2, 2023
USD/CAD Technical Analysis March 2, 2023