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 1.3080 dollars, and trading appears above most of the moving average intersections, as the MACD indicator indicates a positive trend. Accordingly, we can look to buy from the rise to a price of 1.3093 dollars, and the target could be the area of 1.3111 dollars. It is also recommended to choose the area of 1.3060 dollars 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 $1.3060 is broken, the GBP/USD price may head towards $1.3049.
GBPUSD Technical Analysis: Resistance and Support Levels
- Second Resistance: 1.3104
- First Resistance: 1.3093
- Pivot Level: 1.3087
- First Support: 1.3076
- Second Support: 1.3070
