GBPUSD Technical Analysis: today is in an upward trend. As shown in the chart below. The price of the pound dollar is trading at a price of 1.2756, and trading appears under most of the moving average intersections, as the MACD indicator indicates a weak positive trend. Accordingly, we can look to buy from the rise to a price of 1.2766 dollars, and the target area could be 1.2783 dollars. It is also recommended to choose the 1.2733 dollars area as a stop loss point to control the risks.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the selling zone at $1.2733 is broken, the GBP/USD price may head towards $1.2722.
GBPUSD Technical Analysis: Resistance and Support Levels
- Second Resistance: 1.2770
- First Resistance: 1.2762
- Pivot Level: 1.2749
- First Support: 1.2741
- Second Support: 1.2728
