Home GBP/USD Technical Analysis: Cable en route to 1.2800 figure as Brexit chaos unfolds
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GBP/USD Technical Analysis: Cable en route to 1.2800 figure as Brexit chaos unfolds

GBP/USD daily chart

  • GBP/USD is in a bear trend below its main simple moving averages (SMAs).  
  • GBP/USD traders are currently rejecting the 1.2900 figure along with the 100 SMA.
  • The Brexit deal saga  is likely to provide much volatility.

GBP/USD 4-hour chart

  • GBP/USD is trading above its main SMA.  

GBP/USD 30-minute chart

  • Bears are pushing below 1.2850 support opening the door to 1.2800 and 1.2720 targets.

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.2845
       Today Daily change:  -23  pips
       Today Daily change %:  -0.179%
       Today Daily Open:  1.2868
Trends:
       Previous Daily SMA20:  1.2708
       Previous Daily SMA50:  1.2763
       Previous Daily SMA100:  1.2893
       Previous Daily SMA200:  1.3118
Levels:
       Previous Daily High:  1.2931
       Previous Daily Low:  1.2818
       Previous Weekly High:  1.2866
       Previous Weekly Low:  1.2704
       Previous Monthly High:  1.284
       Previous Monthly Low:  1.2477
       Previous Daily Fibonacci 38.2%:  1.2888
       Previous Daily Fibonacci 61.8%:  1.2861
       Previous Daily Pivot Point S1:  1.2813
       Previous Daily Pivot Point S2:  1.2759
       Previous Daily Pivot Point S3:  1.27
       Previous Daily Pivot Point R1:  1.2926
       Previous Daily Pivot Point R2:  1.2985
       Previous Daily Pivot Point R3:  1.304

 

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