GBPUSD Technical Analysis today is in a downward trend. The pound dollar price is trading at $1.3167, and trading appears below most of the moving average intersections, as the MACD indicator indicates a negative trend. Accordingly, we can look to sell from the decline to $1.3153, and the target could be the $1.3135 area. It is also recommended to choose the $1.3182 area as a stop loss point to control the risks.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the buy zone at $1.3182 is broken, the pound dollar price may head towards the $1.3193 level.
GBPUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.3180
- First resistance: 1.3173
- Pivot level: 1.3159
- First support: 1.3152
- Second support: 1.3145
