GBP USD Technical Analysis November 17, 2022
The GBP rose 0.43% against the USD on Wednesday and closed at 1.1913. Today in the European session, while the GBP USD Technical Analysis November 17, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.1880, which is 0.27% lower 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 1.1795 The pair is expected to find its first resistance at 1.1955 and a rise through could take it to the next resistance level of 1.2020. Today’s expected trading range is between 1.1710 support and 1.2100 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 1835
Support 2: 1. 1795
Support 3: 1. 1710
Important resistance levels:
Resistance 1: 1.1955
Resistance 2: 1.2020
Resistance 3: 1.2100
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