- GBP/USD is trading in a bear trend below the 200-period simple moving average.
- GBP/USD is trading near the October low at 1.2700 figure. Bears are set to retest the level soon.
- Bears would need a close below 1.2700 on a daily closing basis in order to confirm a bear trend continuation. Alternatively, bulls will step in and lift the market back up to 1.2900 and 1.3000 figure.
GBP/USD 4-hour chart
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Additional key levels at a glance:
GBP/USD
Overview:
Last Price: 1.28
Daily change: -2.1e+2 pips
Daily change: -1.63%
Daily Open: 1.3012
Trends:
Daily SMA20: 1.2946
Daily SMA50: 1.3036
Daily SMA100: 1.3026
Daily SMA200: 1.3385
Levels:
Daily High: 1.3074
Daily Low: 1.2881
Weekly High: 1.3176
Weekly Low: 1.2958
Monthly High: 1.326
Monthly Low: 1.2696
Daily Fibonacci 38.2%: 1.3
Daily Fibonacci 61.8%: 1.2955
Daily Pivot Point S1: 1.2904
Daily Pivot Point S2: 1.2796
Daily Pivot Point S3: 1.2712
Daily Pivot Point R1: 1.3097
Daily Pivot Point R2: 1.3181
Daily Pivot Point R3: 1.3289
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