GBP USD Technical Analysis August 18, 2021
The GBP declined 0.69% against the USD on Tuesday and closed at 1.3743. Today in the Asian session, while GBP USD Technical Analysis August 18, 2021at 4:15 GMT, the GBP/USD is trading at 1.3754, which is 0.07% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3725 and a fall through could take it to the next support level of 1.3690 The pair is expected to find its first resistance at 1.3845 and a rise through could take it to the next resistance level of 1.3875. Today’s expected trading range is between 1.3690 support and 1.3795 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3725
Support 2: 1.3690
Support 3: 1.3575
Important resistance levels:
Resistance 1: 1.3770
Resistance 2: 1.3795
Resistance 3: 1.3815