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GBP USD Technical Analysis June 28, 2019

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GBP USD Technical Analysis June 28, 2019

GBP USD Technical Analysis: The GBP declined 0.14% against the USD on Thursday and closed at 1.2668. Today in the Europen session while preparing GBP USD technical Analysis June 28, 2019 at 7:15 GMT, the GBP/USD is trading at 1.2675, which is 0.05% higher against the USD from yesterday’s close.

The pair is expected to find support at 1.2645 and a fall through could take it to the next support level of 1.2620 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 1.2748. For today the expected trading range is between 1.2620, Support and 1.2748 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.2645 Support 2: 1.2620 Support 3: 1.2680
Resistance Levels: Resistance 1: 1.2710 Resistance 2: 1.2748 Resistance 3: 1.2772

GBP/USD Buying Opportunity for Intraday Trading June 28, 2019

Buy near the support area 1.2710 and 1.2748 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 28, 2019

Sell near the resistance area 1.2710 and 1.2748 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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