GBP USD Technical Analysis July 16, 2021
The GBP declined 0.23% against the USD on Thursday and closed at 1.3827. Today in the Asian session, while GBP USD technical Analysis July 16, 2021at 4:15 GMT, the GBP/USD is trading at 1.3825, which is 0.01% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3790 and a fall through could take it to the next support level of 1.3757 The pair is expected to find its first resistance at 1.3860 and a rise through could take it to the next resistance level of 1.3880. Today’s expected trading range is between 1.3742, support and 1.3905 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.3790
Support 2: 1.3757
Support 3: 1.3742
Important resistance levels:
Resistance 1: 1.3860
Resistance 2: 1.3880
Resistance 3: 1.3905