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GBP USD Technical Analysis June 28, 2023

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GBP USD Technical Analysis June 28, 2023

The GBP rose 0.29% against the USD on Tuesday and closed at 1.2747. Today in the European session, while the GBP USD Technical Analysis June 28, 2023, is prepared at 5:00 GMT, the GBP/USD is trading at 1.2713, which is 0.27% lower than the USD from yesterday’s close.

The pair is expected to find support at 1.2705 and a fall-through could take it to the next support level of 1.2690 The pair is expected to find its first resistance at 1.2755 and a rise-through could take it to the next resistance level of 1.2795. Today’s expected trading range is between 1.2660 support and 1.2840 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1. 2705
Support 2: 1. 2690
Support 3: 1. 2660

Important resistance levels:

Resistance 1: 1.2755
Resistance 2: 1.2795
Resistance 3: 1.2840

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