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GBP USD Technical Analysis January 10, 2023

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GBP USD Technical Analysis January 10, 2023

The GBP rose 0.80% against the USD on Monday and closed at 1.2182. Today in the European session, while the GBP USD Technical Analysis January 10, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2173, which is 0.07% lower than the USD from yesterday’s close.

The pair is expected to find support at 1.2145 and a fall-through could take it to the next support level of 1.2145 The pair is expected to find its first resistance at 1.2205 and a rise through could take it to the next resistance level of 1.2030. Today’s expected trading range is between 1.2080 support and 1.2270 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1. 2145
Support 2: 1. 2115
Support 3: 1. 2080

Important resistance levels:

Resistance 1: 1.2205
Resistance 2: 1.2230
Resistance 3: 1.2270

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