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GBP USD Technical Analysis 5 July 2021

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GBP USD Technical Analysis 5 July 2021

The GBP rose 0.52% against the USD on Friday and closed at 1.3832. Today in the Asian session, while GBP USD technical Analysis 5 July 2021at 4:45 GMT, the GBP/USD is trading at 1.3851, which is 0.14% higher against the USD from yesterday’s close.

The pair is expected to find support at 1.3800 and a fall through could take it to the next support level of 1.3760 The pair is expected to find its first resistance at 1.3870 and a rise through could take it to the next resistance level of 1.3900. Today’s expected trading range is between 1.3730, support and 1.3935 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3800
Support 2: 1.3760
Support 3: 1.3730

Important resistance levels:

Resistance 1: 1.3870
Resistance 2: 1.3900
Resistance 3: 1.3935

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