GBPUSD Technical Analysis today is in a downward trend. As shown in the chart below. The price of the pound dollar is trading at a price of 1.3287 dollars, and trading appears under most of the moving average intersections, as the MACD indicator indicates a negative trend. Accordingly, we can consider selling from the decline to a price of 1.3266 dollars, and the target could be the 1.3235 dollar area. It is also recommended to choose the 1.3320 dollar area as a stop loss point to control the risks.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the buy zone at $1.3320 is broken, the price of the pound dollar may head towards the level of $1.3336.
GBPUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.3298
- First resistance: 1.3291
- Pivot level: 1.3280
- First support: 1.3273
- Second support: 1.3262
