GBP USD Technical Analysis August 12, 2021
The GBP rose 0.21% against the USD on Wednesday and closed at 1.3865. Today in the Asian session, while GBP USD Technical Analysis August 12, 2021at 4:15 GMT, the GBP/USD is trading at 1.3855, which is 0.08% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3835 and a fall through could take it to the next support level of 1.3805 The pair is expected to find its first resistance at 1.3945 and a rise through could take it to the next resistance level of 1.3865. Today’s expected trading range is between 1.3790 support and 1.3950 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3835
Support 2: 1.3805
Support 3: 1.3790
Important resistance levels:
Resistance 1: 1.3875
Resistance 2: 1.3890
Resistance 3: 1.3950