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GBP/USD Technical Analysis: Cable breaks below the 1.3000 figure on Brexit news

GBP/USD daily chart

  • GBP/USD is pulling back down to its 100 and 200-day simple moving averages (SMAs).  
  • EU’s Brexit offer said to have already been rejected by UK.

GBP/USD 4-hour chart

  • GBP/USD broke below its main SMAs suggesting negative momentum in the medium-term.  

GBP/USD 30-minute chart

  • GBP/USD is trading below its main SMAs suggesting a bearish bias.
  • A break below 1.3000 figure can lead to the 1.2920 level.
  • Resistances are at 1.3060 and 1.3100 figure.

 

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.3004
       Today Daily change:  -70  pips
       Today Daily change %:  -0.54%
       Today Daily Open:  1.3074
Trends:
       Daily SMA20:  1.3055
       Daily SMA50:  1.2965
       Daily SMA100:  1.2883
       Daily SMA200:  1.2988
Levels:
       Previous Daily High:  1.3187
       Previous Daily Low:  1.3068
       Previous Weekly High:  1.3351
       Previous Weekly Low:  1.3051
       Previous Monthly High:  1.3351
       Previous Monthly Low:  1.2773
       Daily Fibonacci 38.2%:  1.3113
       Daily Fibonacci 61.8%:  1.3141
       Daily Pivot Point S1:  1.3032
       Daily Pivot Point S2:  1.2991
       Daily Pivot Point S3:  1.2914
       Daily Pivot Point R1:  1.3151
       Daily Pivot Point R2:  1.3228
       Daily Pivot Point R3:  1.3269

 

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