GBP USD Technical Analysis June 13, 2022
The GBP rose 1.47% against the USD on Friday and closed at 1.2310. Today in the Asian session, while GBP USD Technical Analysis 31 May 2022, is preparing at 5:15 GMT, the GBP/USD is trading at 1.2215, which is 0.77% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2200 and a fall through could take it to the next support level of 1.2175 The pair is expected to find its first resistance at 1.2300 and a rise through could take it to the next resistance level of 1.2375. Today’s expected trading range is between 1.2157 support and 1.2450 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.2200
Support 2: 1.2175
Support 3: 1.2157
Important resistance levels:
Resistance 1: 1.2300
Resistance 2: 1.2375
Resistance 3: 1.2450
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