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GBP/USD Technical Analysis: Marking in a foothold from 1.3050

  • The GBP/USD is seeing stiff action near 1.3050 as broader markets await a last-minute Brexit deal announcement, but the pair’s  
  • GBP/USD Forecast: Expectations of Brexit deal delivery keep Sterling anchored above 1.3000

GBP/USD M5

  • Hourly candles are showing a promising bullish stance for the Cable, with the 50-hour moving average providing firm support from the 1.3000 major handle.

GBP/USD H1

  • The past two months shows the GBP/USD clearing space out from above the 61.8% Fibo retracement level, lending support to a long-term bullish trend reversal.

GBP/USD H4

GBP/USD

Overview:
       Last Price:  1.3054
       Daily change:  14  pips
       Daily change:  0.107%
       Daily Open:  1.304
Trends:
       Daily SMA20:  1.3001
       Daily SMA50:  1.3024
       Daily SMA100:  1.304
       Daily SMA200:  1.3424
Levels:
       Daily High:  1.3056
       Daily Low:  1.2965
       Weekly High:  1.3042
       Weekly Low:  1.2696
       Monthly High:  1.326
       Monthly Low:  1.2696
       Daily Fibonacci 38.2%:  1.3
       Daily Fibonacci 61.8%:  1.3021
       Daily Pivot Point S1:  1.2984
       Daily Pivot Point S2:  1.2928
       Daily Pivot Point S3:  1.2892
       Daily Pivot Point R1:  1.3076
       Daily Pivot Point R2:  1.3112
       Daily Pivot Point R3:  1.3168

 

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