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GBP USD Technical Analysis March 30, 2023

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GBP USD Technical Analysis March 30, 2023

The GBP declined 0.18% against the USD on Wednesday and closed at 1.2316. Today in the European session, while the GBP USD Technical Analysis March 30, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2348, which is 0.25% higher than the USD from yesterday’s close.

The pair is expected to find support at 1.2295 and a fall-through could take it to the next support level of 1.2280 The pair is expected to find its first resistance at 1.2360 and a rise-through could take it to the next resistance level of 1.2385. 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. 2295
Support 2: 1. 2280
Support 3: 1. 2220

Important resistance levels:

Resistance 1: 1.2360
Resistance 2: 1.2385
Resistance 3: 1.2445

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