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 1.3378 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 1.3405 dollars, and the target area could be 1.3445 dollars. It is also recommended to choose the 1.3351 dollars area 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 $1.3351 is broken, the price of the pound dollar may head towards the level of $1.3311.
GBPUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.3425
- First resistance: 1.3405
- Pivot level: 1.3380
- First support: 1.3360
- Second support: 1.3345
