GBPUSD Technical Analysis: General upward trend

GBPUSD Technical Analysis today is in a general upward trend. As shown in the chart below. The price of the pound dollar is trading at a price of 1.3282 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 1.3300 dollars, and the target area could be 1.3330 dollars. It is also recommended to choose the 1.3261 dollars area as a stop loss point to control the risks.

GBPUSD Technical Analysis: On the other hand

On the other hand, if the sell zone at $1.3261 is broken, the GBP/USD price may head towards $1.3231.

GBPUSD Technical Analysis

GBPUSD Technical Analysis: Resistance and support levels

  • Second resistance: 1.3225
  • First resistance: 1.3200
  • Pivot level: 1.3180
  • First support: 1.3160
  • Second support: 1.3145
Related Articles