GBPUSD Technical Analysis The pair concluded when the pound price was trading at $1.23987, as trading appears below most of the moving average intersections as shown on the chart. The MACD indicator also indicates a negative trend, which enhances the negative possibilities for the pair. Accordingly, we can consider selling in the first sessions of this week, which is the Asian session, from a decline to $1.23813, and the target area could be $1.23586. It is also recommended to choose the $1.24257 area as a stop loss point to control risks.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the 1.24257 USD buy zone is broken, the EUR/USD may head towards the 1.24408 USD level.

GBPUSD Technical Analysis: Resistance and Support Levels
- Second Resistance: 1.24215
- First Resistance: 1.24103
- Pivot Level: 1.23990
- First Support: 1.23880
- Second Support: 1.23771