Home GBP/USD Technical Analysis: Cable bears en route to the 1.2620 level
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GBP/USD Technical Analysis: Cable bears en route to the 1.2620 level

GBP/USD daily chart

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

GBP/USD 4-hour chart

  • GBP/USD rejected the December and January highs.  

GBP/USD  30-minute chart

  • Bears broke below the 50 and 100 SMA.
  • A break below 1.2700 should open the way to the 1.2620 level.  

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.2714
       Today Daily change:  -56  pips
       Today Daily change %:  -0.439%
       Today Daily Open:  1.277
Trends:
       Previous Daily SMA20:  1.2661
       Previous Daily SMA50:  1.2773
       Previous Daily SMA100:  1.2897
       Previous Daily SMA200:  1.3149
Levels:
       Previous Daily High:  1.2788
       Previous Daily Low:  1.2707
       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%:  1.2757
       Previous Daily Fibonacci 61.8%:  1.2738
       Previous Daily Pivot Point S1:  1.2722
       Previous Daily Pivot Point S2:  1.2674
       Previous Daily Pivot Point S3:  1.2642
       Previous Daily Pivot Point R1:  1.2803
       Previous Daily Pivot Point R2:  1.2835
       Previous Daily Pivot Point R3:  1.2883

 

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