Easy Trading Tips offers free forex and commodities technical analysis, trading forecast, latest stock market, forex, commodities & business news, real time quotes, live charts, live markets data, economic calendar and many more.

GBP USD Technical Analysis August 5, 2021

0

GBP USD Technical Analysis August 5, 2021

The GBP declined 0.18% against the USD on Wednesday and closed at 1.3888. Today in the Asian session, while GBP USD Technical Analysis August 5, 2021at 4:15 GMT, the GBP/USD is trading at 1.3923, which is 0.25% higher against the USD from yesterday’s close.

The pair is expected to find support at 1.3875 and a fall through could take it to the next support level of 1.3845 The pair is expected to find its first resistance at 1.3935 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: 1.3875
Support 2: 1.3845
Support 3: 1.3830

Important resistance levels:

Resistance 1: 1.3935
Resistance 2: 1.3955
Resistance 3: 1.3980

EUR/USD Technical Analysis August 5, 2021
USD/JPY Technical Analysis August 5, 2021
USD/CAD Technical Analysis August 5, 2021

Leave A Reply

Your email address will not be published.