GBP/USD

GBPUSD Technical Analysis today is in a downward trend. As the price of the pound dollar is trading at $1.2879, trading appears below most of the moving average intersections, and the MACD indicator indicates a weak negative trend. Accordingly, we can look to sell from a decline to the price of $1.2871, and the target could be the $1.2858 area. It is also recommended to choose the $1.2896 area as a stop loss point to control risk.
GBPUSD Technical Analysis: on the other side
On the other hand, if the buy zone at $1.2896 is broken, the GBP/USD price may head towards the $1.2904 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2893
• First resistance: 1.2887
• Pivot level: 1.2882
• First support: 1.2871
• Second support: 1.2865