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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 FX pair is being traded close to its resistance level at around $1.2265. If it is able to break through the level of $1.2270 today, then we could expect it to rise further toward its next resistance level at around $1.23-1.2320.

If it is not able to pass the level of $1.2270, then we could expect it to drop toward its support level at around $1.2180-1.22.

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