GBP USD Technical Analysis June 23, 2022
The GBP declined 0.08% against the USD on Wednesday and closed at 1.2266. 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 1.2195, which is 0.59% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2170 and a fall through could take it to the next support level of 1.2120 The pair is expected to find its first resistance at 1.2315 and a rise through could take it to the next resistance level of 1.2340. Today’s expected trading range is between 1.2030 support and 1.2400 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2170
Support 2: 1. 2120
Support 3: 1. 2030
Important resistance levels:
Resistance 1: 1.2315
Resistance 2: 1.2340
Resistance 3: 1.2400
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