Daily Technical Analysis Of GBPUSD – Tuesday, April 11

By AAATrade of aaatrade.com

Tuesday, April 11, 2023 10:30 AM EDT

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Spotlight on GBPUSD. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.

GBPUSD

Looking at GBPUSD’s chart, we can see that the Forex pair has been traded in a downward direction, and after hitting the rate of $1.2350, it started an upward reaction, whereas currently it is traded at around $1.2414. Today, we could expect the uptrend to continue until the resistance level at around $1.2430 and if it is able to pass that level, then it should reach the next resistance level at around $1.2480.

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AAATrade's Daily Technical Analysis of GBPUSD – 11/04/2023

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