GBP/USD Technical Analysis: The 1.2600 figure is back on the bears radar screen as USD strengthens
GBP/USD daily chart
- GBP/USD is trading in a bear trend below the 50, 100 and 200-day simple moving averages.
GBP/USD 4-hour chart
- GBP/USD tested the 50 SMA and the 1.2700 figure.
GBP/USD 30-minute chart
- GBP/USD is set to weaken and revisit 1.2600 figure.
- A break below 1.2600 should open the gates to 1.2560 and the 1.2480 level.
Additional key levels
Today Last Price: 1.2632
Today Daily change: -39 pips
Today Daily change %: -0.308%
Today Daily Open: 1.2671
Previous Daily SMA20: 1.2752
Previous Daily SMA50: 1.2907
Previous Daily SMA100: 1.2941
Previous Daily SMA200: 1.3269
Previous Daily High: 1.2672
Previous Daily Low: 1.2477
Previous Weekly High: 1.284
Previous Weekly Low: 1.2659
Previous Monthly High: 1.3176
Previous Monthly Low: 1.2723
Previous Daily Fibonacci 38.2%: 1.2598
Previous Daily Fibonacci 61.8%: 1.2551
Previous Daily Pivot Point S1: 1.2541
Previous Daily Pivot Point S2: 1.2411
Previous Daily Pivot Point S3: 1.2346
Previous Daily Pivot Point R1: 1.2736
Previous Daily Pivot Point R2: 1.2802
Previous Daily Pivot Point R3: 1.2932