GBP USD Technical Analysis 7 July 2021
The GBP declined 0.31% against the USD on Tuesday and closed at 1.3800. Today in the Asian session, while GBP USD technical Analysis 7 July 2021at 4:45 GMT, the GBP/USD is trading at 1.3790, which is 0.07% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3775 and a fall through could take it to the next support level of 1.3750 The pair is expected to find its first resistance at 1.3825 and a rise through could take it to the next resistance level of 1.3875. Today’s expected trading range is between 1.3730, support and 1.3895 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3775
Support 2: 1.3750
Support 3: 1.3730
Important resistance levels:
Resistance 1: 1.3825
Resistance 2: 1.3878
Resistance 3: 1.3895