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GBP USD Technical Analysis April 21, 2023

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GBP USD Technical Analysis April 21, 2023

The GBP rose 0.04% against the USD on Thursday and closed at 1.2443. Today in the European session, while the GBP USD Technical Analysis April 21, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2492, which is 0.41% lower than the USD from yesterday’s close.

The pair is expected to find support at 1.2380 and a fall-through could take it to the next support level of 1.2355 The pair is expected to find its first resistance at 1.2445 and a rise-through could take it to the next resistance level of 1.2465. Today’s expected trading range is between 1.2275 support and 1.2545 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1. 2380
Support 2: 1. 2355
Support 3: 1. 2275

Important resistance levels:

Resistance 1: 1.2445
Resistance 2: 1.2465
Resistance 3: 1.2545

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