GBP/USD

August 27, 2024

GBPUSD Technical Analysis today is in an uptrend. The British pound is trading at $1.3186, 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 $1.3207, and the target could be the $1.3240 area. It is also recommended to choose the $1.3149 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 $1.3149 is broken, the GBP/USD price may head towards $1.3128.
GBPUSD Technical Analysis: Resistance and support levels
• Second resistance: 1.3213
• First resistance: 1.3201
• Pivot level: 1.3194
• First support: 1.3183
• Second support: 1.3175