GBP USD Technical Analysis March 19, 2019
The GBP declined 0.39% against the USD on Monday and closed at 1.3243. Today in the Europen session while preparing GBP USD technical analysis March 19, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3262, which is 0.14% higher against the USD from yesterday’s close.
The pair is expected to find support at 1.3184 and a fall through could take it to the next support level of 1.3125 The pair is expected to find its first resistance at 1.3300, and a rise through could take it to the next resistance level of 1.3357. For today the expected trading range is between 1.3184, Support and 1.3357 Resistance.
The expected trend for today is Bullish
Supports Levels: Support 1: 1.3184 Support 2: 1.3125 Support 3: 1.3068
Resistance Levels: Resistance 1: 1.3300 Resistance 2: 1.3357 Resistance 3: 1.3417
GBP/USD Buying Opportunity for Intraday Trading March 19, 2019
Buy near the support area 1.3184 and 1.3125 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 19, 2019
Sell near the resistance area 1.3300 and 1.3357 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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