GBP/USD

GBPUSD Technical Analysis The pair concluded when the price of the pound was trading at $1.2984, as prices appear to be trading above most of the intersections of the moving average shown on the chart. The MACD indicator also indicates a positive trend and, accordingly, we can look to buy in the first session of this week, which is the Asian session, from the rise to the price of $1.3002, and the target area could be $1.3028. It is also recommended to choose the $1.2943 area as a stop loss point to control risk.
GBPUSD Technical Analysis: on the other side
On the other hand, if the $1.2943 selling area is broken, the euro price may head towards the $1.2923 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2992
• First resistance: 1.2989
• Pivot level: 1.2987
• First support: 1.2880
• Second support: 1.2877