GBP/USD

GBPUSD Technical Analysis today is in a downward trend. The pound is trading at $1.2781, and trading appears above 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 $1.2770, and the target could be the $1.2756 area. It is also recommended to choose the $1.2796 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 $1.2796 is broken, the pound price may head towards the $1.2806 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2792
• First resistance: 1.2788
• Pivot level: 1.2783
• First support: 1.2779
• Second support: 1.2774