GBP USD Technical Analysis October 18, 2022
The GBP rose 1.22% against the USD on Monday and closed at 1.1358. Today in the European session, while the GBP USD Technical Analysis October 18, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.1323, which is 0.31% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.1290 and a fall through could take it to the next support level of 1.1225 The pair is expected to find its first resistance at 1.1400 and a rise through could take it to the next resistance level of 1.1435. Today’s expected trading range is between 1.1155 support and 1.11490 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 1290
Support 2: 1. 1225
Support 3: 1. 1155
Important resistance levels:
Resistance 1: 1.1400
Resistance 2: 1.1435
Resistance 3: 1.1490
EUR/USD Technical Analysis October 18, 2022
USD/JPY Technical Analysis October 18, 2022
USD/CAD Technical Analysis October 18, 2022