Home GBP/USD Technical Analysis: Sterling confined in a small range near 1.2800 figure
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GBP/USD Technical Analysis: Sterling confined in a small range near 1.2800 figure

GBP/USD daily chart

  • GBP/USD is trading in a bear trend below the 200-day simple moving average (SMA).

GBP/USD 4-hour chart

  • GBP/USD is trading below its main SMAs suggesting bearish momentum in the medium-term.

GBP/USD 30-minute chart

  • GBP/USD is trading between the 50 and 100 SMA suggesting a sideways to a bearish market.  
  • To the downside, support is seen at 1.2780 and 1.2740 level
  • Newt week bulls will likely try to break above 1.2880 to reach 1.2960 figure to the upside.

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.2818
       Today Daily change:  26  pips
       Today Daily change %:  0.20%
       Today Daily Open:  1.2792
Trends:
       Daily SMA20:  1.299
       Daily SMA50:  1.2821
       Daily SMA100:  1.2879
       Daily SMA200:  1.301
Levels:
       Previous Daily High:  1.2878
       Previous Daily Low:  1.2773
       Previous Weekly High:  1.3103
       Previous Weekly Low:  1.2854
       Previous Monthly High:  1.3214
       Previous Monthly Low:  1.2438
       Daily Fibonacci 38.2%:  1.2813
       Daily Fibonacci 61.8%:  1.2838
       Daily Pivot Point S1:  1.2751
       Daily Pivot Point S2:  1.2709
       Daily Pivot Point S3:  1.2645
       Daily Pivot Point R1:  1.2856
       Daily Pivot Point R2:  1.292
       Daily Pivot Point R3:  1.2962

 

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