GBP/USD Technical Analysis: Cable pressuring daily lows near 1.3040 level

FX Street

Published date: 5 Apr. 2019 | 15:23

GBP/USD daily chart

GBP/USD is consolidating above the 200-day simple moving average (SMA).

GBP/USD 4-hour chart

GBP/USD is trading below its main SMAs suggesting bearish momentum.

GBP/USD 30-minute chart

GBP/USD is trading near the daily lows as the market is trying to reach the 1.3000 figure. The next level of support is seen at 1.3060 level.
To the upside, resistance is at 1.3080 and 1.3120 level.

Additional key levels

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