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GBP USD Technical Analysis September 16, 2021

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GBP USD Technical Analysis September 16, 2021

The GBP rose 0.25% against the USD on Wednesday and closed at 1.3840. Today in the European session, while GBP USD Technical Analysis September 16, 2021at 9:15 GMT, the GBP/USD is trading at 1.3825, which is 0.12% lower against the USD from yesterday’s close.

The pair is expected to find support at 1.3805 and a fall through could take it to the next support level of 1.3792 The pair is expected to find its first resistance at 1.3850 and a rise through could take it to the next resistance level of 1.3865. Today’s expected trading range is between 1.3755 support and 1.3885 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.3805
Support 2: 1.3792
Support 3: 1.3755

Important resistance levels:

Resistance 1: 1.3850
Resistance 2: 1.3865
Resistance 3: 1.3885

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