GBP/USD

GBPUSD Technical Analysis today is in a downward trend. The price of the pound dollar is trading at $1.2969, and trading appears below most of the moving average intersections. The MACD indicator also indicates a negative trend. Accordingly, we can look to sell from a drop to the price of $1.2962, and the target could be the $1.2949 area. It is also recommended to choose the $1.2980 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 $1.2980 is broken, the GBP/USD price may head towards the $1.2987 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2983
• First resistance: 1.2978
• Pivot level: 1.2974
• First support: 1.2960
• Second support: 1.2955