GBP USD Technical Analysis March 28, 2023
The GBP rose 0.50% against the USD on Monday and closed at 1.2287. Today in the European session, while the GBP USD Technical Analysis March 28, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2308, which is 0.17% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2280 and a fall-through could take it to the next support level of 1.2240 The pair is expected to find its first resistance at 1.2330 and a rise-through could take it to the next resistance level of 1.2340. Today’s expected trading range is between 1.2220 support and 1.2445 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2280
Support 2: 1. 2240
Support 3: 1. 2220
Important resistance levels:
Resistance 1: 1.2330
Resistance 2: 1.2340
Resistance 3: 1.2445
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