Home GBP/USD Technical Analysis: Cable sinks to its lowest level since June 2017 as bears attack the 1.2600 figure
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GBP/USD Technical Analysis: Cable sinks to its lowest level since June 2017 as bears attack the 1.2600 figure

GBP/USD daily chart

  • GBP/USD is trading in a bear trend below the 50, 100 and 200-day simple moving average (SMA).
  • GBP/USD reached its lowest level since June 2017 as May could  pull Brexit vote.

GBP/USD 4-hour chart

  • All indicators are in bearish mode.
  • The next support is seen at the 1.2561 level.  

GBP/USD 30-minute chart

  • The momentum is bearish.
  • 1.2652 and 1.2681 should be fairly  strong resistance to the upside.  

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.2618
       Today Daily change:  -1.2e+2  pips
       Today Daily change %:  -0.973%
       Today Daily Open:  1.2742
Trends:
       Previous Daily SMA20:  1.2806
       Previous Daily SMA50:  1.2932
       Previous Daily SMA100:  1.2958
       Previous Daily SMA200:  1.3288
Levels:
       Previous Daily High:  1.2812
       Previous Daily Low:  1.271
       Previous Weekly High:  1.284
       Previous Weekly Low:  1.2659
       Previous Monthly High:  1.3176
       Previous Monthly Low:  1.2723
       Previous Daily Fibonacci 38.2%:  1.2749
       Previous Daily Fibonacci 61.8%:  1.2773
       Previous Daily Pivot Point S1:  1.2698
       Previous Daily Pivot Point S2:  1.2654
       Previous Daily Pivot Point S3:  1.2597
       Previous Daily Pivot Point R1:  1.2799
       Previous Daily Pivot Point R2:  1.2856
       Previous Daily Pivot Point R3:  1.29

 

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