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GBP USD Technical Analysis September 12, 2022

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GBP USD Technical Analysis September 12, 2022

The GBP rose 0.75% against the USD on Friday and closed at 1.1586. Today in the European session, while the GBP USD Technical Analysis September 12, 2022, is preparing at 5:00 GMT, the GBP/USD is trading at 1.1675, which is 0.77% higher than the USD from yesterday’s close.

The pair is expected to find support at 1.1600 and a fall through could take it to the next support level of 1.1555 The pair is expected to find its first resistance at 1.1700 and a rise through could take it to the next resistance level of 1.1750. Today’s expected trading range is between 1.1460 support and 1.1900 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1. 1600
Support 2: 1. 1555
Support 3: 1. 1460

Important resistance levels:

Resistance 1: 1.1700
Resistance 2: 1.1750
Resistance 3: 1.1900

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