GBP USD Technical Analysis April 22, 2019

GBP USD Technical Analysis: The GBP declined 0.05% against the USD on Friday and closed at 1.2981. Today in the Europen session while preparing GBP USD technical analysis April 22, 2019 at 9:15 GMT, the GBP/USD is trading at 1.2990, which is 0.06% lower against the USD from yesterday’s close.

The pair is expected to find support at 1.2972 and a fall through could take it to the next support level of 1.2963 The pair is expected to find its first resistance at 1.3000, and a rise through could take it to the next resistance level of 1.3017. For today the expected trading range is between 1.2945, Support and 1.3026 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 1.2972 Support 2: 1.2963 Support 3: 1.2945
Resistance Levels: Resistance 1: 1.3000 Resistance 2: 1.3017 Resistance 3: 1.3026

GBP/USD Buying Opportunity for Intraday Trading April 22, 2019

Buy near the support area 1.2972 and 1.2963 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 22, 2019

Sell near the resistance area 1.3000 and 1.3017 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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