GBP USD Technical Analysis March 18, 2019
The GBP rose 0.26% against the USD on Friday and closed at 1.3292. Today in the Europen session while preparing GBP USD technical analysis March 18, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3285, which is 0.05% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3230 and a fall through could take it to the next support level of 1.3167 The pair is expected to find its first resistance at 1.3327, and a rise through could take it to the next resistance level of 1.3362. For today the expected trading range is between 1.3140, Support and 1.3388 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3230 Support 2: 1.3167 Support 3: 1.3131
Resistance Levels: Resistance 1: 1.3327 Resistance 2: 1.3362 Resistance 3: 1.3423
GBP/USD Buying Opportunity for Intraday Trading March 18, 2019
Buy near the support area 1.3230 and 1.3137 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 18, 2019
Sell near the resistance area 1.3327 and 1.3362 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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