Home GBP/USD Technical Analysis: Cable rises to 2-month’s high as bulls blast through the 1.2950 level
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GBP/USD Technical Analysis: Cable rises to 2-month’s high as bulls blast through the 1.2950 level

GBP/USD daily chart

  • GBP/USD is trading in a bear trend below the 200-day simple moving averages (SMAs) however bulls are back as they are attempting to break the 1.2950 level.

GBP/USD 4-hour chart

  • GBP/USD is trading above its main SMAs as bulls broke above the 1.2900 figure.

GBP/USD 30-minute chart

  • GBP/USD is trading above the main SMAs as the momentum is to the upside.  
  • The next resistances to the upside are seen at the 1.2780 and 1.3060 levels.

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.2962
       Today Daily change:  81  pips
       Today Daily change %:  0.629%
       Today Daily Open:  1.2881
Trends:
       Daily SMA20:  1.2734
       Daily SMA50:  1.2753
       Daily SMA100:  1.2892
       Daily SMA200:  1.3105
Levels:
       Previous Daily High:  1.2898
       Previous Daily Low:  1.2824
       Previous Weekly High:  1.2866
       Previous Weekly Low:  1.2704
       Previous Monthly High:  1.284
       Previous Monthly Low:  1.2477
       Daily Fibonacci 38.2%:  1.2852
       Daily Fibonacci 61.8%:  1.287
       Daily Pivot Point S1:  1.2837
       Daily Pivot Point S2:  1.2794
       Daily Pivot Point S3:  1.2763
       Daily Pivot Point R1:  1.2911
       Daily Pivot Point R2:  1.2942
       Daily Pivot Point R3:  1.2985

 

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