- The Sterling is flatlining ahead of Monday’s London market open, trading into Friday’s 38.2% Fibo retracement level, with intraday resistance baked-in at the 61.8 level near 1.2612.
GBP/USD, 5-Minute
- Cable volatility on Brexit headlines remains a key factor in the GBP’s market moves, but increasing investor unease over Brexit conditions leaves the Cable prone to downside moves that struggle to develop real momentum in bullish recoveries.
GBP/USD, 30-Minute
- In the medium-term, the Cable is firmly bearish, and last week’s bullish pickup from new 20-month lows at 1.2470 failed to recover the pair’s early-week losses from 1.2750.
GBP/USD, 4-Hour
GBP/USD
Overview:
Today Last Price: 1.2585
Today Daily change: 4.0 pips
Today Daily change %: 0.0318%
Today Daily Open: 1.2581
Trends:
Previous Daily SMA20: 1.2734
Previous Daily SMA50: 1.2889
Previous Daily SMA100: 1.2931
Previous Daily SMA200: 1.3256
Levels:
Previous Daily High: 1.2676
Previous Daily Low: 1.2529
Previous Weekly High: 1.276
Previous Weekly Low: 1.2477
Previous Monthly High: 1.3176
Previous Monthly Low: 1.2723
Previous Daily Fibonacci 38.2%: 1.2585
Previous Daily Fibonacci 61.8%: 1.262
Previous Daily Pivot Point S1: 1.2515
Previous Daily Pivot Point S2: 1.2449
Previous Daily Pivot Point S3: 1.2369
Previous Daily Pivot Point R1: 1.2662
Previous Daily Pivot Point R2: 1.2742
Previous Daily Pivot Point R3: 1.2808
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