GBP USD Technical Analysis December 19, 2022
The GBP rose 0.17% against the USD on Friday and closed at 1.2153. Today in the European session, while the GBP USD Technical Analysis December 19, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2190, which is 0.30% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2120 and a fall through could take it to the next support level of 1.2100 The pair is expected to find its first resistance at 1.2240 and a rise through could take it to the next resistance level of 1.2270. Today’s expected trading range is between 1.2060 support and 1.2290 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2120
Support 2: 1. 2100
Support 3: 1. 2060
Important resistance levels:
Resistance 1: 1.2240
Resistance 2: 1.2370
Resistance 3: 1.2290
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