GBP USD Technical Analysis June 23, 2023
The GBP declined 0.16% against the USD on Thursday and closed at 1.2745. Today in the European session, while the GBP USD Technical Analysis June 23, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2730, which is 0.12% lower than the USD from yesterday’s close.
The pair is expected to find support at 1.2690 and a fall-through could take it to the next support level of 1.2630 The pair is expected to find its first resistance at 1.2745 and a rise-through could take it to the next resistance level of 1.2800. Today’s expected trading range is between 1.2600 support and 1.2840 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1. 2690
Support 2: 1. 2630
Support 3: 1. 2600
Important resistance levels:
Resistance 1: 1.2745
Resistance 2: 1.2800
Resistance 3: 1.2840
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