Home GBP/USD Technical Analysis: Cable boosted en route towards 1.3140 resistance

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GBP/USD Technical Analysis: Cable boosted en route towards 1.3140 resistance

FX Street

Updated: 30 Apr. 2019 | 19:57

GBP/USD daily chart

GBP/USD is trading above its 100 and 200 SMAs as the market gets a strong boost above 1.3000 figure.

GBP/USD 4-hour chart

GBP/USD is trading above the 50 and 100 SMAs suggesting consolidation up in the medium-term.

GBP/USD 30-minute chart

GBP/USD is trading above its main SMAs suggesting a bullish bias in the short-term.
If bulls break 1.3050 then 1.3100 and 1.3140 can become the next targets.
Support is at 1.3000 and 1.2950 level.

Additional key levels

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