GBPUSD Technical Analysis today is in an uptrend. The British pound is trading at $1.2861, 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 $1.2879, and the target could be the $1.2908 area. It is also recommended to choose the $1.2820 area as a stop loss point to control risks.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the sell zone at $1.2820 is broken, the GBP/USD price may head towards $1.2803.
GBPUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.2881
- First resistance: 1.2871
- Pivot level: 1.2862
- First support: 1.2852
- Second support: 1.2843
