GBP/USD Technical Analysis: Cable reversing daily losses as bulls look at the 1.3000 figure
GBP/USD daily chart
- GBP/USD is trading in a bear trend below the 200-day simple moving average (SMA).
GBP/USD 4-hour chart
- GBP/USD is trading above the 200 SMA suggesting a bullish bias in the medium-term.
GBP/USD 30-minute chart
- GBP/USD is trading above its 50 and 100 SMA suggesting potential bullish momentum in the short-term.
- Bulls have a fair chance to break 1.2990 resistance in order to target 1.3050 to the upside.
Additional key levels
GBP/USD
Overview:
Today Last Price: 1.2947
Today Daily change: 11 pips
Today Daily change %: 0.09%
Today Daily Open: 1.2936
Trends:
Daily SMA20: 1.2987
Daily SMA50: 1.2805
Daily SMA100: 1.2895
Daily SMA200: 1.303
Levels:
Previous Daily High: 1.298
Previous Daily Low: 1.2925
Previous Weekly High: 1.3212
Previous Weekly Low: 1.3043
Previous Monthly High: 1.3214
Previous Monthly Low: 1.2438
Daily Fibonacci 38.2%: 1.2946
Daily Fibonacci 61.8%: 1.2959
Daily Pivot Point S1: 1.2914
Daily Pivot Point S2: 1.2892
Daily Pivot Point S3: 1.286
Daily Pivot Point R1: 1.2969
Daily Pivot Point R2: 1.3002
Daily Pivot Point R3: 1.3024