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GBP/USD Technical Analysis: Cable advance decelerates mildly below the 1.3200 figure

GBP/USD daily chart

  • GBP/USD broke above the 1.13100 figure and the 200-day simple moving average suggesting bullish momentum on the daily time-frame.

GBP/USD 4-hour chart

  • GBP/USD is trading above its main SMAs suggesting a bullish bias on the medium-term.

GBP/USD 30-minute chart

  • Cable broke below the 50 SMA and the 1.3200 figure suggesting a potential slowdown in the uptrend.  
  • The 1.3180 and 1.3210 levels should cap the bullish advances this Monday.  
  • Supports to the downside can be seen near the 1.3100 and 1.3050 level.

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.3164
       Today Daily change: -49  pips
       Today Daily change %:  -0.37%
       Today Daily Open:  1.3213
Trends:
       Daily SMA20:  1.2852
       Daily SMA50:  1.2765
       Daily SMA100:  1.2898
       Daily SMA200:  1.3062
Levels:
       Previous Daily High:  1.3214
       Previous Daily Low:  1.3053
       Previous Weekly High:  1.3214
       Previous Weekly Low:  1.283
       Previous Monthly High:  1.284
       Previous Monthly Low:  1.2477
       Daily Fibonacci 38.2%:  1.3152
       Daily Fibonacci 61.8%:  1.3114
       Daily Pivot Point S1:  1.3106
       Daily Pivot Point S2:  1.2999
       Daily Pivot Point S3:  1.2945
       Daily Pivot Point R1:  1.3266
       Daily Pivot Point R2:  1.332
       Daily Pivot Point R3:  1.3427

 

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