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GBP/USD Technical Analysis: Cable undecided ahead of Brexit Vote

GBP/USD daily chart

  • GBP/USD is trading in a bull trend above its main simple moving averages.
  • GBP/USD is undecided where to go next as investors are awaiting the Brexit Vote.

GBP/USD 4-hour chart

  • GBP/USD is trading between the 100 and 200 SMAs suggesting a consolidation phase in the medium-term.

GBP/USD 30-minute chart

  • GBP/USD is trading between the 100 and 200 SMAs suggesting a range market in the short-term.
  • A break above 1.3100 can lead to 1.3150 and 1.3200 resistances.  
  • To the downside, supports are seen near 1.300 figure, 1.2960 and 1.2900 figure.

 

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.3072
       Today Daily change:  -80  pips
       Today Daily change %:  -0.61%
       Today Daily Open:  1.3152
Trends:
       Daily SMA20:  1.3073
       Daily SMA50:  1.298
       Daily SMA100:  1.2884
       Daily SMA200:  1.2986
Levels:
       Previous Daily High:  1.3171
       Previous Daily Low:  1.296
       Previous Weekly High:  1.3269
       Previous Weekly Low:  1.299
       Previous Monthly High:  1.3351
       Previous Monthly Low:  1.2773
       Daily Fibonacci 38.2%:  1.309
       Daily Fibonacci 61.8%:  1.3041
       Daily Pivot Point S1:  1.3018
       Daily Pivot Point S2:  1.2884
       Daily Pivot Point S3:  1.2807
       Daily Pivot Point R1:  1.3229
       Daily Pivot Point R2:  1.3305
       Daily Pivot Point R3:  1.344

 

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