GBP USD Technical Analysis November 15, 2022
The GBP declined 0.38% against the USD on Monday and closed at 1.1754. Today in the European session, while the GBP USD Technical Analysis November 15, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.1860, which is 0.89% higher than the USD from yesterday’s close.
The pair is expected to find support at 1.1745 and a fall through could take it to the next support level of 1.1710 The pair is expected to find its first resistance at 1.1870 and a rise through could take it to the next resistance level of 1.1885. Today’s expected trading range is between 1.1650 support and 1.1900 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1. 1745
Support 2: 1. 1710
Support 3: 1. 1650
Important resistance levels:
Resistance 1: 1.1870
Resistance 2: 1.1885
Resistance 3: 1.1900
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