GBP/USD Technical Analysis: Cable drops below the 1.3100 figure

FX Street

Updated: 21 Mar. 2019 | 17:07

GBP/USD daily chart

GBP/USD is trading in a bull trend above its main simple moving averages (SMAs).
GBP/USD is testing the 50 SMA at the 1.3059 level.

GBP/USD 4-hour chart

GBP/USD is testing the 200 SMA.

GBP/USD 30-minute chart

GBP/USD is trading below the 1.3100 figure and its main SMAs suggesting bearish momentum in the short-term.
A break below 1.3060 support can lead to 1.3000 the figure.
Resistance is at 1.3100 and 1.3160 level.

Additional key levels

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