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GBP USD Technical Analysis August 3, 2021

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GBP USD Technical Analysis August 3, 2021

The GBP declined 0.08% against the USD on Monday and closed at 1.3887. Today in the Asian session, while GBP USD Technical Analysis August 3, 2021at 4:15 GMT, the GBP/USD is trading at 1.3911, which is 0.18% higher against the USD from yesterday’s close.

The pair is expected to find support at 1.3880 and a fall through could take it to the next support level of 1.3850 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 1.3955. Today’s expected trading range is between 1.3830 support and 1.3980 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3880
Support 2: 1.3850
Support 3: 1.3830

Important resistance levels:

Resistance 1: 1.3930
Resistance 2: 1.3955
Resistance 3: 1.3980

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