GBP USD Technical Analysis July 21, 2022
The GBP declined 0.14% against the USD on Tuesday and closed at 1.1975. Today in the European session, while the GBP USD Technical Analysis July 21, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.1965, which is 0.12% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.1922 and a fall through could take it to the next support level of 1.1900 The pair is expected to find its first resistance at 1.2000 and a rise through could take it to the next resistance level of 1.2025. Today’s expected trading range is between 1.1865 support and 1.2040 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 1922
Support 2: 1. 1900
Support 3: 1. 1865
Important resistance levels:
Resistance 1: 1.2000
Resistance 2: 1.2025
Resistance 3: 1.2040
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