Home GBP/USD Technical Analysis: Cable at daily highs as bulls eye the 1.2900 figure
FXStreet News

GBP/USD Technical Analysis: Cable at daily highs as bulls eye the 1.2900 figure

GBP/USD daily chart

  • GBP/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • GBP/USD is trading above the 50 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 below its 200 SMA suggesting bearish momentum.  
  • However, bulls have retaken the 50 SMA and they might try to tarhet 1.2940 level and 1.3000 figure.  
  • To the downside, a breach below 1.2860 would lead to the 1.2730 level.  

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.288
       Today Daily change:  18  pips
       Today Daily change %:  0.14%
       Today Daily Open:  1.2862
Trends:
       Daily SMA20:  1.3001
       Daily SMA50:  1.2815
       Daily SMA100:  1.2888
       Daily SMA200:  1.3021
Levels:
       Previous Daily High:  1.295
       Previous Daily Low:  1.2844
       Previous Weekly High:  1.3103
       Previous Weekly Low:  1.2854
       Previous Monthly High:  1.3214
       Previous Monthly Low:  1.2438
       Daily Fibonacci 38.2%:  1.2885
       Daily Fibonacci 61.8%:  1.291
       Daily Pivot Point S1:  1.2821
       Daily Pivot Point S2:  1.278
       Daily Pivot Point S3:  1.2715
       Daily Pivot Point R1:  1.2927
       Daily Pivot Point R2:  1.2992
       Daily Pivot Point R3:  1.3033

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.