“¢ The pair’s goodish intraday bounce from 100-hour SMA support, near the 1.3000 handle, quickly ran out of steam and stalled near 200-hour SMA.
“¢ Technical indicators on the 1-hourly chart maintained a positive tone, though bullish traders seemed reluctant to place any aggressive bets ahead of the NFP report.
“¢ Hence, it would be prudent to wait for a convincing break through the 100/200-hour SMAs range before positioning for any meaningful intraday move.
GBP/USD 1-hourly chart
GBP/USD
Overview:
Last Price: 1.3036
Daily change: 15 pips
Daily change: 0.115%
Daily Open: 1.3021
Trends:
Daily SMA20: 1.3078
Daily SMA50: 1.2973
Daily SMA100: 1.3115
Daily SMA200: 1.3501
Levels:
Daily High: 1.3042
Daily Low: 1.2922
Weekly High: 1.3218
Weekly Low: 1.3
Monthly High: 1.33
Monthly Low: 1.2786
Daily Fibonacci 38.2%: 1.2996
Daily Fibonacci 61.8%: 1.2968
Daily Pivot Point S1: 1.2948
Daily Pivot Point S2: 1.2874
Daily Pivot Point S3: 1.2827
Daily Pivot Point R1: 1.3068
Daily Pivot Point R2: 1.3116
Daily Pivot Point R3: 1.3189