GBP USD Technical Analysis March 25, 2019
The GBP rose 0.73% against the USD on Friday and closed at 1.3208. Today in the Europen session while preparing GBP USD technical analysis March 25, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3175, which is 0.25% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3117 and a fall through could take it to the next support level of 1.3027 The pair is expected to find its first resistance at 1.3260, and a rise through could take it to the next resistance level of 1.3312. For today the expected trading range is between 1.3117, Support and 1.3260 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.3117 Support 2: 1.3027 Support 3: 1.2975
Resistance Levels: Resistance 1: 1.3260 Resistance 2: 1.3312 Resistance 3: 1.3400
GBP/USD Buying Opportunity for Intraday Trading March 25, 2019
Buy near the support area 1.3117 and 1.3027 as soon as you get reversal candlesticks using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.
GBP/USD Selling Opportunity for Intraday Trading March 25, 2019
Sell near the resistance area 1.3260 and 1.3312 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.
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