June 26, 2024

GBPUSD Technical Analysis today is in a weak upward trend. The pound is trading at $1.2680, and trading appears below most of the moving average intersections. The MACD indicator also indicates a weak positive trend. Accordingly, we can look to sell from a drop to the price of $1.2664, and the target could be the $1.2645 area. It is also recommended to choose the $1.2702 area as a stop loss point to control risks.
GBPUSD Technical Analysis: on the other side
On the other hand, if the buy zone at $1.2702 is broken, the pound price may head towards the $1.2715 level.
GBPUSD Technical Analysis: resistance and support levels
• Second resistance: 1.2688
• First resistance: 1.2685
• Pivot level: 1.2679
• First support: 1.2676
• Second support: 1.2670