GBP USD Technical Analysis October 13, 2022
The GBP rose 1.17% against the USD on Wednesday and closed at 1.1099. Today in the European session, while the GBP USD Technical Analysis October 13, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.1155, which is 0.50% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1060 and a fall through could take it to the next support level of 1.0970 The pair is expected to find its first resistance at 1.1175 and a rise through could take it to the next resistance level of 1.1220. Today’s expected trading range is between 1.0925 support and 1.1300 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 1060
Support 2: 1. 0970
Support 3: 1. 0925
Important resistance levels:
Resistance 1: 1.1175
Resistance 2: 1.1220
Resistance 3: 1.1300
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