Home GBP/USD Technical Analysis: Cable close to challenging the 1.2800 figure
FXStreet News

GBP/USD Technical Analysis: Cable close to challenging the 1.2800 figure

GBP/USD daily chart

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

GBP/USD 4-hour chart

  • GBP/USD is challenging the January highs.

GBP/USD daily chart

  • GBP/USD is trading above the main SMAs suggesting current bullish momentum.
  • Resistance to the upside can be seen near 1.2800 the figure while to the downside 1.2700 and 1.2560 act as support.

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.2771
       Today Daily change:  33  pips
       Today Daily change %:  0.259%
       Today Daily Open:  1.2738
Trends:
       Previous Daily SMA20:  1.265
       Previous Daily SMA50:  1.2773
       Previous Daily SMA100:  1.2898
       Previous Daily SMA200:  1.3155
Levels:
       Previous Daily High:  1.2746
       Previous Daily Low:  1.2615
       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%:  1.2696
       Previous Daily Fibonacci 61.8%:  1.2665
       Previous Daily Pivot Point S1:  1.2653
       Previous Daily Pivot Point S2:  1.2569
       Previous Daily Pivot Point S3:  1.2523
       Previous Daily Pivot Point R1:  1.2784
       Previous Daily Pivot Point R2:  1.283
       Previous Daily Pivot Point R3:  1.2914

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.