Home GBP/USD Technical Analysis: Cable teasing November lows as spot is less than 40 pips away from 1.2700 figure
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GBP/USD Technical Analysis: Cable teasing November lows as spot is less than 40 pips away from 1.2700 figure

USD/CAD 4-hour chart

  • GBP/USD is trading in a bear trend below the 50, 100 and 200-period simple moving averages (SMAs).  
  • GBP/USD bears objective is to reach the 1.2700 figure. The Stochastic indicator is oversold suggesting that any downward move might be limited.
  • To the upside, resistance is seen at the 1.2764 and 1.2850 levels.

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.2735
       Today Daily change:  -78  pips
       Today Daily change %:  -0.609%
       Today Daily Open:  1.2813
Trends:
       Previous Daily SMA20:  1.2905
       Previous Daily SMA50:  1.3
       Previous Daily SMA100:  1.2995
       Previous Daily SMA200:  1.3341
Levels:
       Previous Daily High:  1.2866
       Previous Daily Low:  1.2796
       Previous Weekly High:  1.2928
       Previous Weekly Low:  1.2764
       Previous Monthly High:  1.326
       Previous Monthly Low:  1.2696
       Previous Daily Fibonacci 38.2%:  1.2822
       Previous Daily Fibonacci 61.8%:  1.2839
       Previous Daily Pivot Point S1:  1.2784
       Previous Daily Pivot Point S2:  1.2755
       Previous Daily Pivot Point S3:  1.2714
       Previous Daily Pivot Point R1:  1.2854
       Previous Daily Pivot Point R2:  1.2894
       Previous Daily Pivot Point R3:  1.2923

 

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