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GBP/USD Technical Analysis: Cable close to challenging the 1.2800 figure

GBP/USD daily chart

  • GBP/USD is trading in a bear trend below the 200 SMA.
  • GBP/USD is currently testing the 50 SMA near the 1.2800 figure.

GBP/USD 4-hour chart

  • GBP/USD is challenging the January highs.

GBP/USD daily chart

  • GBP/USD is trading above the main SMAs suggesting current bullish momentum.
  • Resistance to the upside can be seen near 1.2800 the figure while to the downside 1.2700 and 1.2560 act as support.

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.2771
    Today Daily change: 33 pips
    Today Daily change %: 0.259%
    Today Daily Open: 1.2738
Trends:
    Previous Daily SMA20: 1.265
    Previous Daily SMA50: 1.2773
    Previous Daily SMA100: 1.2898
    Previous Daily SMA200: 1.3155
Levels:
    Previous Daily High: 1.2746
    Previous Daily Low: 1.2615
    Previous Weekly High: 1.2815
    Previous Weekly Low: 1.2438
    Previous Monthly High: 1.284
    Previous Monthly Low: 1.2477
    Previous Daily Fibonacci 38.2%: 1.2696
    Previous Daily Fibonacci 61.8%: 1.2665
    Previous Daily Pivot Point S1: 1.2653
    Previous Daily Pivot Point S2: 1.2569
    Previous Daily Pivot Point S3: 1.2523
    Previous Daily Pivot Point R1: 1.2784
    Previous Daily Pivot Point R2: 1.283
    Previous Daily Pivot Point R3: 1.2914

 

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