GBPUSD Technical Analysis today is in a weak bearish trend. The pound dollar price is trading at $1.3143, and trading appears above most of the moving average intersections, as the MACD indicator indicates a weak negative trend. Accordingly, we can consider selling from the decline to $1.3133, and the target could be the $1.3115 area. It is also recommended to choose the $1.3164 area as a stop loss point to control the risks.
GBPUSD Technical Analysis: On the other hand
On the other hand, if the buy zone at $1.3164 is broken, the pound dollar price may head towards the $1.3176 level.
GBPUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.3160
- First resistance: 1.3153
- Pivot level: 1.3148
- First support: 1.3136
- Second support: 1.3130
