GBP USD Technical Analysis July 26, 2023
The GBP declined 0.66% against the USD on Tuesday and closed at 1.2903. Today in the European session, while the GBP USD Technical Analysis July 26, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2912, which is 0.09% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2875 and a fall-through could take it to the next support level of 1.2815 The pair is expected to find its first resistance at 1.2930 and a rise-through could take it to the next resistance level of 1.2960. Today’s expected trading range is between 1.2750 support and 1.3030 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2875
Support 2: 1. 2815
Support 3: 1. 2750
Important resistance levels:
Resistance 1: 1.2930
Resistance 2: 1.2960
Resistance 3: 1.3030
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