GBPUSD Technical Analysis today is in an uptrend. As shown in the chart below. The price of the pound dollar is trading at a price of 1.3314 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 1.3330 dollars, and the target could be the 1.3360-dollar area. It is also recommended to choose the 1.3295-dollar 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 $1.3295 is broken, the GBP/USD price may head towards $1.3265.
GBPUSD Technical Analysis: Resistance and support levels
- Second Resistance: 1.3345
- First Resistance: 1.3325
- Pivot Level: 1.3310
- First Support: 1.3290
- Second Support: 1.3275
