GBPUSD Technical Analysis: bullish trading

GBPUSD Technical Analysis The pair concluded when the pound price was trading at $1.3041, as prices appear to be trading above most of the moving average intersections shown on the chart. The MACD indicator also indicates a positive trend, and accordingly, we can look to buy in the first sessions of this week.

which is the Asian session, from the rise to $1.3049, and the target area could be $1.3062. It is also recommended to choose the $1.3028 area as a stop loss point to control risks.

GBPUSD Technical Analysis: On the other hand

On the other hand, if the selling area of ​​1.3028 dollars is broken, the euro price may head towards the level of 1.3019 dollars

GBPUSD Technical Analysis

GBPUSD Technical Analysis: Resistance and support levels

  • Second resistance: 1.3048
  • First resistance: 1.3045
  • Pivot level: 1.3043
  • First support: 1.3038
  • Second support: 1.3036
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