GBP USD Technical Analysis Sep 27, 2023
The GBP declined 0.43% against the USD on Tuesday and closed at 1.2153. Today in the European session, while the GBP USD Technical Analysis Sep 27, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2145, which is 0.07% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2130 and a fall-through could take it to the next support level of 1.2100 The pair is expected to find its first resistance at 1.2170 and a rise-through could take it to the next resistance level of 1.2190. Today’s expected trading range is between 1.2070 support and 1.2215 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2130
Support 2: 1. 2100
Support 3: 1. 2070
Important resistance levels:
Resistance 1: 1.2170
Resistance 2: 1.2190
Resistance 3: 1.2215
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