GBP USD Technical Analysis April 2, 2019
The GBP rose 0.46% against the USD on Monday and closed at 1.3100. Today in the Europen session while preparing GBP USD technical analysis April 2, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3050, which is 0.38% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3023 and a fall through could take it to the next support level of 1.2945 The pair is expected to find its first resistance at 1.3164, and a rise through could take it to the next resistance level of 1.3227. For today the expected trading range is between 1.2945, Support and 1.3164 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.3023 Support 2: 1.2945 Support 3: 1.2883
Resistance Levels: Resistance 1: 1.3164 Resistance 2: 1.3227 Resistance 3: 1.3300
GBP/USD Buying Opportunity for Intraday Trading April 2, 2019
Buy near the support area 1.3023 and 1.2945 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 2, 2019
Sell near the resistance area 1.3164 and 1.3227 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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