GBP USD Technical Analysis July 27, 2022
The GBP declined 0.12% against the USD on Tuesday and closed at 1.2029. Today in the European session, while the GBP USD Technical Analysis July 27, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.2080, which is 0.44% 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 1.1965 The pair is expected to find its first resistance at 1.2090 and a rise through could take it to the next resistance level of 1.2120. Today’s expected trading range is between 1.1920 support and 1.2160 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2035
Support 2: 1. 1965
Support 3: 1. 1920
Important resistance levels:
Resistance 1: 1.2090
Resistance 2: 1.2120
Resistance 3: 1.2160
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