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GBP USD Technical Analysis April 10, 2019

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GBP USD Technical Analysis April 10, 2019

The GBP declined 0.06% against the USD on Tuesday and closed at 1.3048. Today in the Europen session while preparing GBP USD technical analysis April 10, 2019 at 9:15 GMT, the GBP/USD is trading at 1.3085, which is 0.28% higher against the USD from yesterday’s close.

The pair is expected to find support at 1.3010 and a fall through could take it to the next support level of 1.2975 The pair is expected to find its first resistance at 1.3100, and a rise through could take it to the next resistance level of 1.3157. For today the expected trading range is between 1.3010, Support and 1.3157 Resistance.

The expected trend for today is Bullish

Supports Levels: Support 1: 1.3010 Support 2: 1.2975 Support 3: 1.2920
Resistance Levels: Resistance 1: 1.3100 Resistance 2: 1.3157 Resistance 3: 1.3195

GBP/USD Buying Opportunity for Intraday Trading April 10, 2019

Buy near the support area 1.3010 and 1.2975 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 April 10, 2019

Sell near the resistance area 1.3100 and 1.3157 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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