GBP/USD Technical Analysis: Cable is trapped in a tight 80-pip range
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 bulls are trying to get beyond the 50 SMA.
- The 1.2600 figure resisted to bearish attacks.
GBP/USD 30-minute chart
- GBP/USD is now trapped between the 1.2600 and 1.2680 levels.
- A clear break from one of those level is needed to confirm the next directional move.
Additional key levels
Today Last Price: 1.2665
Today Daily change: -6.0 pips
Today Daily change %: -0.0474%
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