GBP USD Technical Analysis 26 May 2022
The GBP rose 0.31% against the USD on Wednesday and closed at 1.2570. Today in the Asian session, while GBP USD Technical Analysis 26 May 2022, is preparing at 5:15 GMT, the GBP/USD is trading at 1.2560, which is 0.09% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2550 and a fall through could take it to the next support level of 1.2500 The pair is expected to find its first resistance at 1.2610 and a rise through could take it to the next resistance level of 1.2635. Today’s expected trading range is between 1.2475 support and 1.2760 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.2550
Support 2: 1.2500
Support 3: 1.2475
Important resistance levels:
Resistance 1: 1.2610
Resistance 2: 1.2635
Resistance 3: 1.2760
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