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GBP USD Technical Analysis September 23, 2022

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GBP USD Technical Analysis September 23, 2022

The GBP declined 0.05% against the USD on Thursday and closed at 1.1261. Today in the European session, while the GBP USD Technical Analysis September 23, 2022, is prepared at 5:00 GMT, the GBP/USD is trading at 1.1070, which is 1.65% lower than the USD from yesterday’s close.

The pair is expected to find support at 1.1040 and a fall through could take it to the next support level of 1.1020 The pair is expected to find its first resistance at 1.1215 and a rise through could take it to the next resistance level of 1.1270. Today’s expected trading range is between 1.0900 support and 1.1350 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1. 1040
Support 2: 1. 1020
Support 3: 1. 0900

Important resistance levels:

Resistance 1: 1.1215
Resistance 2: 1.1270
Resistance 3: 1.1350

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