GBP USD Technical Analysis June 27, 2019
GBP USD Technical Analysis: The GBP rose 0.01% against the USD on Wednesday and closed at 1.2686. Today in the Europen session while preparing GBP USD technical Analysis June 27, 2019 at 7:15 GMT, the GBP/USD is trading at 1.2675, which is 0.08% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.2660 and a fall through could take it to the next support level of 1.2640 The pair is expected to find its first resistance at 1.2710, and a rise through could take it to the next resistance level of 1.2730. For today the expected trading range is between 1.2620, Support and 1.2730 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.2660 Support 2: 1.2640 Support 3: 1.2620
Resistance Levels: Resistance 1: 1.2710 Resistance 2: 1.2730 Resistance 3: 1.2752
GBP/USD Buying Opportunity for Intraday Trading June 27, 2019
Buy near the support area 1.2660 and 1.2640 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 June 27, 2019
Sell near the resistance area 1.2710 and 1.2730 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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