GBP USD Technical Analysis March 23, 2023
The GBP declined 0.43% against the USD on Wednesday and closed at 1.2267. Today in the European session, while the GBP USD Technical Analysis March 23, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2275, which is 0.07% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2265 and a fall-through could take it to the next support level of 1.2225 The pair is expected to find its first resistance at 1.2340 and a rise-through could take it to the next resistance level of 1.2395. Today’s expected trading range is between 1.2180 support and 1.2430 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2265
Support 2: 1. 2225
Support 3: 1. 2180
Important resistance levels:
Resistance 1: 1.2340
Resistance 2: 1.2395
Resistance 3: 1.2430
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