GBP USD Technical Analysis March 28, 2019
The GBP declined 0.34% against the USD on Wednesday and closed at 1.3157. Today in the Europen session while preparing GBP USD technical analysis March 28, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3155, which is 0.01% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3116 and a fall through could take it to the next support level of 1.3075 The pair is expected to find its first resistance at 1.3233, and a rise through could take it to the next resistance level of 1.3310. For today the expected trading range is between 1.3000, Support and 1.3233 Resistance.
The expected trend for today is Bearish
Supports Levels: Support 1: 1.3116 Support 2: 1.3075 Support 3: 1.3000
Resistance Levels: Resistance 1: 1.3233 Resistance 2: 1.3310 Resistance 3: 1.3350
GBP/USD Buying Opportunity for Intraday Trading March 28, 2019
Buy near the support area 1.3116 and 1.3075 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 28, 2019
Sell near the resistance area 1.3233 and 1.3310 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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