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 traded at around the rate of $1.2318 with an upward direction towards the year’s high which is located at around $1.24. Today, we could expect it to test the resistance level at around $1.2340 and if it is able to pass it, then we should expect it to rise towards the level of $1.24. If it is not able to pass it, then it should retreat towards its support level at around $1.2270.

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