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GBP USD Technical Analysis October 3, 2022

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GBP USD Technical Analysis October 3, 2022

The GBP rose 0.39% against the USD on Friday and closed at 1.1154. Today in the European session, while the GBP USD Technical Analysis October 3, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.1196, which is 0.37% higher than the USD from yesterday’s close.

The pair is expected to find support at 1.1090 and a fall through could take it to the next support level of 1.1030 The pair is expected to find its first resistance at 1.1275 and a rise through could take it to the next resistance level of 1.1260. Today’s expected trading range is between 1.0915 support and 1.1450 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1. 1090
Support 2: 1. 1030
Support 3: 1. 0915

Important resistance levels:

Resistance 1: 1.1275
Resistance 2: 1.1260
Resistance 3: 1.1450

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