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GBP/USD daily chart

  • GBP/USD is consolidating the gains established last Friday.

GBP/USD 4-hour chart

  • GBP/USD is trading above its main SMAs suggesting bullish momentum in the medium-term.

GBP/USD 30-minute chart

  • GBP/USD dipped below 1.3100 figure and the 50 SMA suggesting a consolidation down in the short-term.
  • The market can continue  drifting down towards 1.3070, 1.3030 and 1.3000 figure.  
  • Resistance is at 1.3100, 1.3130 and 1.3180 level.

Additional key levels