Home GBP/USD Technical Analysis: Cable trading in the 1.2850-1.3000 range amid Brexit headlines
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GBP/USD Technical Analysis: Cable trading in the 1.2850-1.3000 range amid Brexit headlines

GBP/USD 4-hour chart

  • GBP/USD is trading in a bear trend below the 200-period simple moving average.  
  • Technical indicators are losing steam suggesting that a test of 1.2850 can be on the cards.
  • Brexit headlines are keeping traders on their toes leaving the currency pairs vulnerable to swings in both directions.  

Additional key levels at a glance:  

GBP/USD

Overview:
       Last Price:  1.2914
       Daily change:  -42  pips
       Daily change:  -0.324%
       Daily Open:  1.2956
Trends:
       Daily SMA20:  1.2951
       Daily SMA50:  1.3034
       Daily SMA100:  1.3027
       Daily SMA200:  1.339
Levels:
       Daily High:  1.3048
       Daily Low:  1.2839
       Weekly High:  1.3176
       Weekly Low:  1.2958
       Monthly High:  1.326
       Monthly Low:  1.2696
       Daily Fibonacci 38.2%:  1.2968
       Daily Fibonacci 61.8%:  1.2919
       Daily Pivot Point S1:  1.2847
       Daily Pivot Point S2:  1.2738
       Daily Pivot Point S3:  1.2637
       Daily Pivot Point R1:  1.3057
       Daily Pivot Point R2:  1.3157
       Daily Pivot Point R3:  1.3266


   

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