Home GBP/USD Technical Analysis: Sterling ending the week near 1.2930 level
FXStreet News

GBP/USD Technical Analysis: Sterling ending the week near 1.2930 level

GBP/USD daily chart

  • GBP/USD is trading in a bear trend below the 200-day simple moving average (SMA).  

GBP/USD 4-hour chart

  • GBP/USD is trading between the 100 and 200 SMA suggesting a sideways market in the medium-term.

GBP/USD 30-minute chart

  • GBP/USD is trading below its main SMAs suggesting bearish momentum in the short-term.
  • A breakdown below the 1.2930 support could lead to a drop to 1.2860 and 1.2800 figure.
  • The level to beat for bulls is 1.2990 resistance in order to target 1.3050 to the upside.  

Additional key levels

GBP/USD

Overview:
       Today Last Price:  1.2934
       Today Daily change:  -15  pips
       Today Daily change %:  -0.12%
       Today Daily Open:  1.2949
Trends:
       Daily SMA20:  1.2997
       Daily SMA50:  1.2808
       Daily SMA100:  1.2892
       Daily SMA200:  1.3027
Levels:
       Previous Daily High:  1.2997
       Previous Daily Low:  1.2854
       Previous Weekly High:  1.3212
       Previous Weekly Low:  1.3043
       Previous Monthly High:  1.3214
       Previous Monthly Low:  1.2438
       Daily Fibonacci 38.2%:  1.2942
       Daily Fibonacci 61.8%:  1.2908
       Daily Pivot Point S1:  1.287
       Daily Pivot Point S2:  1.2791
       Daily Pivot Point S3:  1.2727
       Daily Pivot Point R1:  1.3012
       Daily Pivot Point R2:  1.3076
       Daily Pivot Point R3:  1.3155

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.