GBPUSD Technical Analysis today is in an uptrend. The British pound is trading at $1.3087, and trading appears above most of the moving average intersections, as the MACD indicator indicates a weak positive trend. Accordingly, we can look to buy from the rise to $1.3101, and the target could be the $1.3128 area. It is also recommended to choose the $1.3052 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 $1.3052 is broken, the GBP/USD price may head towards $1.3033.
GBPUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.3111
- First resistance: 1.3102
- Pivot level: 1.3093
- First support: 1.3083
- Second support: 1.3075
