GBP USD Technical Analysis September 29, 2022
The GBP rose 1.45% against the USD on Wednesday and closed at 1.0887. Today in the European session, while the GBP USD Technical Analysis September 29, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.0841, which is 0.41% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.0765 and a fall through could take it to the next support level of 1.0635 The pair is expected to find its first resistance at 1.0900 and a rise through could take it to the next resistance level of 1.0930. Today’s expected trading range is between 1.0540 support and 1.0930 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 0765
Support 2: 1. 0635
Support 3: 1. 0540
Important resistance levels:
Resistance 1: 1.0900
Resistance 2: 1.0930
Resistance 3: 1.1075
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