Home GBP/USD Technical Analysis: Traders are playing ping pong between 1.2700 and 1.2800 figures
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GBP/USD Technical Analysis: Traders are playing ping pong between 1.2700 and 1.2800 figures

GBP/USD daily chart

  • GBP/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • GBP/USD is trading near 4-month’s lows.  

GBP/USD 4-hour chart

  • GBP/USD is trading  below its main SMAs.
  • Market players are playing ping pong between the 1.2700 and 1.2800 figures.  

GBP/USD 30-minute chart

  • GBP/USD finds some resistance at the 200 SMA.
  • Cable remains weak and a drop to 1.2700 and 1.2670 might be next.

Key additional level

GBP/USD

Overview:
       Today Last Price:  1.2748
       Today Daily change:  37  pips
       Today Daily change %:  0.291%
       Today Daily Open:  1.2711
Trends:
       Previous Daily SMA20:  1.2852
       Previous Daily SMA50:  1.2952
       Previous Daily SMA100:  1.2968
       Previous Daily SMA200:  1.3304
Levels:
       Previous Daily High:  1.284
       Previous Daily Low:  1.2659
       Previous Weekly High:  1.2864
       Previous Weekly Low:  1.2725
       Previous Monthly High:  1.3176
       Previous Monthly Low:  1.2723
       Previous Daily Fibonacci 38.2%:  1.2728
       Previous Daily Fibonacci 61.8%:  1.2771
       Previous Daily Pivot Point S1:  1.2633
       Previous Daily Pivot Point S2:  1.2555
       Previous Daily Pivot Point S3:  1.2452
       Previous Daily Pivot Point R1:  1.2815
       Previous Daily Pivot Point R2:  1.2918
       Previous Daily Pivot Point R3:  1.2996

 

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