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GBP USD Technical Analysis July 29, 2021

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GBP USD Technical Analysis July 29, 2021

The GBP rose 0.18% against the USD on Wednesday and closed at 1.3902. Today in the Asian session, while GBP USD Technical Analysis July 29, 2021at 4:15 GMT, the GBP/USD is trading at 1.3952, which is 0.36% higher against the USD from yesterday’s close.

The pair is expected to find support at 1.3860 and a fall through could take it to the next support level of 1.3440 The pair is expected to find its first resistance at 1.3890 and a rise through could take it to the next resistance level of 1.3900. Today’s expected trading range is between 1.3840 support and 1.4000 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.3900
Support 2: 1.3860
Support 3: 1.3840

Important resistance levels:

Resistance 1: 1.3970
Resistance 2: 1.4000
Resistance 3: 1.4060

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