GBPUSD Technical Analysis today is an uptrend. As the chart below shows. The GBPUSD is trading at 1.2984, 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 1.2994 dollars, and the target could be the 1.3011 dollars area. It is also recommended to choose the 1.2967 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 zone at $1.2967 is broken, the Euro Yen price may head towards the $1.2955 level.
GBPUSD Technical Analysis: Resistance and Support Levels
- Second Resistance: 1.2993
- First Resistance: 1.2990
- Pivot Level: 1.2985
- First Support: 1.2982
- Second Support: 1.2977
