Technical Analysis Daily: GBP/USD

GBP/USD 1.9453

GBP/USD Open 1.9534 High 1.9629 Low 1.9396 Close 1.9452

The British Pound cheapened against the US Dollar and and dropped under 1.9500 down to 1.9395, which is the first support for today. If the negative sentiment continues, next support is expected at 1.9325, followed by 1.9630. In upward direction first resistance today is expected at 1.9500, followed by 1.9580, and 1.9630.

Technical resistance levels: 1.9500 1.9580 1.9630
Technical support levels: 1.9395 1.9325 1.9270

Trading range: 1.9465 - 1.9390

Trend: Downward

Sell at 1.9453 SL 1.9483 TP 1.9403

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