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Technical Analysis Daily: GBP/USD
GBP/USD 2.0020 - Jul 22 08 08:53 GMT

GBP/USD Open 1.9981 High 2.0043 Low 1.9913 Close 2.0015
The British Pound started climbing yesterday against the US Dollar from Monday's bottom 1.9913 to today's top 2.0043, which are the the first support and resistance levels respectively for the currency couple today. If the positive trend continues, next resistance is expected at 2.0120, followed by 2.0240. In downward direction next support for today is expected at 1.9840, the break of which would lead to next target 1.9770.

Technical resistance levels: 2.0045 2.0120 2.0240
Technical support levels: 1.9915 1.9840 1.9770

Trading range: 2.0010 - 2.0070
Trend: Upward
Buy at 2.0020 SL 1.9990 TP 2.0060