GBP USD Technical Analysis January 30, 2019
The GBP declined 0.68% against the USD on Tuesday and closed at 1.3065. Today in the Europen session while preparing GBP USD technical analysis January 30, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3085, which is 0.15% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3013 and a fall through could take it to the next support level of 1.2962 The pair is expected to find its first resistance at 1.3158, and a rise through could take it to the next resistance level of 1.3250. For today the expected trading range is between 1.2962, Support and 1.3158 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3013 Support 2: 1.2962 Support 3: 1.2870
Resistance Levels: Resistance 1: 1.3158 Resistance 2: 1.3250 Resistance 3: 1.3300
GBP/USD Buying Opportunity for Intraday Trading January 30, 2019
Buy near the support area 1.3013 and 1.3962 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 January 30, 2019
Sell near the resistance area 1.3158 and 1.3250 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.