GBP USD Technical Analysis March 21, 2019
The GBP declined 0.53% against the USD on Wednesday and closed at 1.3191. Today in the Europen session while preparing GBP USD technical analysis March 21, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3175, which is 0.12% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.3134 and a fall through could take it to the next support level of 1.3076 The pair is expected to find its first resistance at 1.3260, and a rise through could take it to the next resistance level of 1.3328. For today the expected trading range is between 1.3076, Support and 1.3260 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.3134 Support 2: 1.3076 Support 3: 1.3007
Resistance Levels: Resistance 1: 1.3260 Resistance 2: 1.3328 Resistance 3: 1.3386
GBP/USD Buying Opportunity for Intraday Trading March 21, 2019
Buy near the support area 1.3134 and 1.3076 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 21, 2019
Sell near the resistance area 1.3260 and 1.3328 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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