GBP USD Technical Analysis March 29, 2019
The GBP declined 0.86% against the USD on Thursday and closed at 1.3043. Today in the Europen session while preparing GBP USD technical analysis March 29, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3030, which is 0.10% lower against the USD from yesterday’s close.
The pair is expected to find support at 1.2085 and a fall through could take it to the next support level of 1.2927 The pair is expected to find its first resistance at 1.3150, and a rise through could take it to the next resistance level of 1.3255. For today the expected trading range is between 1.2927, Support and 1.3150 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3116 Support 2: 1.3075 Support 3: 1.3000
Resistance Levels: Resistance 1: 1.3150 Resistance 2: 1.3255 Resistance 3: 1.3313
GBP/USD Buying Opportunity for Intraday Trading March 29, 2019
Buy near the support area 1.2985 and 1.2927 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 29, 2019
Sell near the resistance area 1.3150 and 1.3255 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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