GBP USD Technical Analysis March 22, 2019
The GBP declined 0.61% against the USD on Thursday and closed at 1.3110. Today in the Europen session while preparing GBP USD technical analysis March 22, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3145, which is 0.10% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3000 and a fall through could take it to the next support level of 1.2888 The pair is expected to find its first resistance at 1.3223, and a rise through could take it to the next resistance level of 1.3336. For today the expected trading range is between 1.3000, Support and 1.3336 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3000 Support 2: 1.2888 Support 3: 1.2777
Resistance Levels: Resistance 1: 1.3223 Resistance 2: 1.3336 Resistance 3: 1.3446
GBP/USD Buying Opportunity for Intraday Trading March 22, 2019
Buy near the support area 1.3000 and 1.2888 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 22, 2019
Sell near the resistance area 1.3223 and 1.3336 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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