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.
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