GBP USD Technical Analysis February 13, 2023
The GBP declined 0.48% against the USD on Friday and closed at 1.2057. Today in the European session, while the GBP USD Technical Analysis February 13, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2105, which is 0.39% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2035 and a fall-through could take it to the next support level of 1.1990 The pair is expected to find its first resistance at 1.2115 and a rise-through could take it to the next resistance level of 1.2135. Today’s expected trading range is between 1.1965 support and 1.2185 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2035
Support 2: 1. 1990
Support 3: 1. 1965
Important resistance levels:
Resistance 1: 1.2115
Resistance 2: 1.2135
Resistance 3: 1.2185
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