GBP USD Technical Analysis April 1, 2019
The GBP declined 0.12% against the USD on Friday and closed at 1.3028. Today in the Europen session while preparing GBP USD technical analysis April 1, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3075, which is 0.36% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.2958 and a fall through could take it to the next support level of 1.2887 The pair is expected to find its first resistance at 1.3116, and a rise through could take it to the next resistance level of 1.3200. For today the expected trading range is between 1.2800, Support and 1.3200 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.2958 Support 2: 1.2887 Support 3: 1.2800
Resistance Levels: Resistance 1: 1.3116 Resistance 2: 1.3200 Resistance 3: 1.3275
GBP/USD Buying Opportunity for Intraday Trading April 1, 2019
Buy near the support area 1.2958 and 1.2887 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 April 1, 2019
Sell near the resistance area 1.3116 and 1.3200 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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