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GBP/USD Technical Analysis: Bullish turnaround challenging the 1.3200 figure

GBP/USD daily chart

  • GBP/USD is trading in a bull trend above its main simple moving averages (SMAs).

GBP/USD 4-hour chart

  • GBP/USD is trading between the 50 and 100 SMAs suggesting a consolidation phase.  

GBP/USD 30-minute chart

  • GBP/USD is testing the 1.3200 figure and the 200 SMA.
  • A break above 1.3200 can lead to 1.3250 and 1.3300 the figure.
  • Support is at 1.3150 and 1.3100 level.  

Additional key levels

 

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