The pound dollar is on the rise

GBPUSD Technical Analysis today is in an upward trend. The pound dollar price is trading at $1.3229, and trading appears below 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 $1.3249, and the target could be the $1.3285 area. It is also recommended to choose the $1.3176 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 $1.3176 is broken, the GBP/USD price may head towards $1.3151.

The pound dollar

GBPUSD Technical Analysis: Resistance and support levels

  • Second resistance: 1.3245
  • First resistance: 1.3238
  • Pivot level: 1.3232
  • First support: 1.3225
  • Second support: 1.3219
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