GBP USD Technical Analysis June 13, 2023
The GBP declined 0.51% against the USD on Monday and closed at 1.2512. Today in the European session, while the GBP USD Technical Analysis June 13, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2572, which is 0.47% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.2535 and a fall-through could take it to the next support level of 1.2500 The pair is expected to find its first resistance at 1.2575 and a rise-through could take it to the next resistance level of 1.2595. Today’s expected trading range is between 1.2430 support and 1.2610 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 2535
Support 2: 1. 2500
Support 3: 1. 2430
Important resistance levels:
Resistance 1: 1.2575
Resistance 2: 1.2595
Resistance 3: 1.2610
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