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GBP/USD Technical Analysis: Cable bulls break above the 200-day simple moving average

GBP/USD daily chart

  • GBP/USD bulls are challenging the 200-day simple moving average (SMA) suggesting bullish strength.  

GBP/USD 4-hour chart

  • GBP/USD continues to climb relentlessly above the main SMAs and the 1.3100 psychological mark suggesting bullish momentum.

GBP/USD 30-minute chart

  • GBP/USD is trading above its main SMAs suggesting bullish momentum.  
  • Bulls are likely en route towards the 1.3160 level, although gains might be limited on Friday.
  • Support is seen at the 1.3050 and 1.3000 figure.

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.3109
       Today Daily change:  51  pips
       Today Daily change %:  0.39%
       Today Daily Open:  1.3058
Trends:
       Daily SMA20:  1.2827
       Daily SMA50:  1.2758
       Daily SMA100:  1.2895
       Daily SMA200:  1.3067
Levels:
       Previous Daily High:  1.3096
       Previous Daily Low:  1.3012
       Previous Weekly High:  1.3002
       Previous Weekly Low:  1.2668
       Previous Monthly High:  1.284
       Previous Monthly Low:  1.2477
       Daily Fibonacci 38.2%:  1.3044
       Daily Fibonacci 61.8%:  1.3063
       Daily Pivot Point S1:  1.3015
       Daily Pivot Point S2:  1.2971
       Daily Pivot Point S3:  1.2931
       Daily Pivot Point R1:  1.3099
       Daily Pivot Point R2:  1.3139
       Daily Pivot Point R3:  1.3183

 

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