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GBP/USD Technical Analysis: Cable holding above 1.2730 level post-NFP

GBP/USD daily chart

  • GBP/USD is trading in a bear trend below the 50, 100 and 200-day simple moving average (SMA).
  • GBP/USD is trading near 4-month’s lows. 
  • The Nonfarm Payrolls for November came in at 155K vs. 200K weakening the USD. 


GBP/USD 4-hour chart

  • GBP/USD is testing the 50 SMA and is trapped between 1.2750 and 1.2800 figure.

GBP/USD 30-minute chart

  • The bias is bullish short-term as long as 1.2730 support holds. 

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.2758
    Today Daily change: -30 pips
    Today Daily change %: -0.235%
    Today Daily Open: 1.2788
Trends:
    Previous Daily SMA20: 1.2818
    Previous Daily SMA50: 1.2938
    Previous Daily SMA100: 1.2962
    Previous Daily SMA200: 1.3293
Levels:
    Previous Daily High: 1.2812
    Previous Daily Low: 1.2699
    Previous Weekly High: 1.2864
    Previous Weekly Low: 1.2725
    Previous Monthly High: 1.3176
    Previous Monthly Low: 1.2723
    Previous Daily Fibonacci 38.2%: 1.2769
    Previous Daily Fibonacci 61.8%: 1.2742
    Previous Daily Pivot Point S1: 1.272
    Previous Daily Pivot Point S2: 1.2653
    Previous Daily Pivot Point S3: 1.2607
    Previous Daily Pivot Point R1: 1.2833
    Previous Daily Pivot Point R2: 1.2879
    Previous Daily Pivot Point R3: 1.2947

 

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