GBP USD Technical Analysis August 2, 2021
The GBP declined 0.37% against the USD on Friday and closed at 1.3907. Today in the Asian session, while GBP USD Technical Analysis August 2, 2021at 4:15 GMT, the GBP/USD is trading at 1.3905, which is 0.02% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3885 and a fall through could take it to the next support level of 1.3870 The pair is expected to find its first resistance at 1.3930 and a rise through could take it to the next resistance level of 1.3965. Today’s expected trading range is between 1.3830 support and 1.3980 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3885
Support 2: 1.3870
Support 3: 1.3830
Important resistance levels:
Resistance 1: 1.3930
Resistance 2: 1.3965
Resistance 3: 1.3980