GBPUSD Technical Analysis today is in an upward trend. As shown in the chart below. Where the price of the pound dollar is trading at a price of 1.3348 dollars, and trading appears above most of the moving average intersections, and the MACD indicator indicates a positive trend. Accordingly, we can look to buy from the rise to a price of 1.3375 dollars, and the target could be the area of 1.3425 dollars. It is also recommended to choose the area of 1.3295 dollars as a stop loss point to control the risks.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the selling area at $1.3425 is broken, the price of the pound dollar may head towards the level of $1.3272.
GBPUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.3385
- First resistance: 1.3365
- Pivot level: 1.3350
- First support: 1.3340
- Second support: 1.3325
