GBP USD Technical Analysis March 9, 2023
The GBP rose 0.13% against the USD on Wednesday and closed at 1.1842. Today in the European session, while the GBP USD Technical Analysis March 9, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.1905, which is 0.53% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1835 and a fall-through could take it to the next support level of 1.1805 The pair is expected to find its first resistance at 1.1925 and a rise-through could take it to the next resistance level of 1.1965. Today’s expected trading range is between 1.1750 support and 1.1995 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 1835
Support 2: 1. 1805
Support 3: 1. 1750
Important resistance levels:
Resistance 1: 1.1925
Resistance 2: 1.1965
Resistance 3: 1.1995
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