GBP USD Technical Analysis October 4, 2021
The GBP rose 0.53% against the USD on Friday and closed at 1.3542. Today in the European session, while GBP USD Technical Analysis October 4, 2021at 9:15 GMT, the GBP/USD is trading at 1.3600, which is 0.41% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3535 and a fall through could take it to the next support level of 1.3335 The pair is expected to find its first resistance at 1.3610 and a rise through could take it to the next resistance level of 1.3660. Today’s expected trading range is between 1.3560 support and 1.3660 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.3535
Support 2: 1.3515
Support 3: 1.3560
Important resistance levels:
Resistance 1: 1.3610
Resistance 2: 1.3660
Resistance 3: 1.3675