GBP USD Technical Analysis March 15, 2019
The GBP declined 0.29% against the USD on Thursday and closed at 1.3257. Today in the Europen session while preparing GBP USD technical analysis March 15, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3255, which is 0.01% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3200 and a fall through could take it to the next support level of 1.3140 The pair is expected to find its first resistance at 1.3322, and a rise through could take it to the next resistance level of 1.3388. For today the expected trading range is between 1.3140, Support and 1.3388 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.3200 Support 2: 1.3140 Support 3: 1.3075
Resistance Levels: Resistance 1: 1.3322 Resistance 2: 1.3388 Resistance 3: 1.3447
GBP/USD Buying Opportunity for Intraday Trading March 15, 2019
Buy near the support area 1.3200 and 1.3140 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 March 15, 2019
Sell near the resistance area 1.3322 and 1.3388 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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