GBPUSD Technical Analysis today is in an upward trend. The pound dollar price is trading at $1.3148, 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 $1.3160, and the target could be the $1.3178 area. It is also recommended to choose the $1.3127 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 $1.3127 is broken, the pound dollar price may head towards the $1.3114 level.
GBPUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.3183
- First resistance: 1.3162
- Pivot level: 1.3154
- First support: 1.3135
- Second support: 1.3142
