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GBP/USD Technical Analysis: Cable constructive near-term as 1.2660 is the potential bull target

GBP/USD 30-minute chart

  • GBP/USD bulls are en route to reconquer the 200-period simple moving average.  
  • GBP/USD is set to gain momentum as a break above 1.2600 figure would open the gates to 1.2660 resistance.
  • On the flip side, a  break below 1.2520 might invalidate the bullish bias.

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.2581
       Today Daily change:  -84  pips
       Today Daily change %:  -0.663%
       Today Daily Open:  1.2665
Trends:
       Previous Daily SMA20:  1.2746
       Previous Daily SMA50:  1.29
       Previous Daily SMA100:  1.2937
       Previous Daily SMA200:  1.3263
Levels:
       Previous Daily High:  1.2688
       Previous Daily Low:  1.2593
       Previous Weekly High:  1.284
       Previous Weekly Low:  1.2659
       Previous Monthly High:  1.3176
       Previous Monthly Low:  1.2723
       Previous Daily Fibonacci 38.2%:  1.2629
       Previous Daily Fibonacci 61.8%:  1.2651
       Previous Daily Pivot Point S1:  1.2609
       Previous Daily Pivot Point S2:  1.2554
       Previous Daily Pivot Point S3:  1.2515
       Previous Daily Pivot Point R1:  1.2704
       Previous Daily Pivot Point R2:  1.2743
       Previous Daily Pivot Point R3:  1.2798

 

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