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GBP USD Technical Analysis November 22, 2022

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GBP USD Technical Analysis November 22, 2022

The GBP declined 0.61% against the USD on Monday and closed at 1.1821. Today in the European session, while the GBP USD Technical Analysis November 22, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.1863, which is 0.35% higher than the USD from yesterday’s close.

The pair is expected to find support at 1.1830 and a fall through could take it to the next support level of 1.1765 The pair is expected to find its first resistance at 1.1880 and a rise through could take it to the next resistance level of 1.1950. Today’s expected trading range is between 1.1710 support and 1.2020 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1. 1830
Support 2: 1. 1765
Support 3: 1. 1710

Important resistance levels:

Resistance 1: 1.1880
Resistance 2: 1.1950
Resistance 3: 1.2020

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