GBP/USD Technical Analysis: Looking for further upside from 1.2800
|- The last twenty-four hours sees the GBP/USD constrained near the peak of Friday's attempt at a bullish recovery, picking back up from a low of 1.2777, and the pair's current ceiling sees the Cable constrained just north of the 1.2800 handle.
- GBP/USD Weekly Forecast: Song remains the same as the MPC is dazed and confused with Brexit uncertainties
GBP/USD, M5
- The previous week saw the Sterling take several steps lower against the US Dollar as Brexit headlines continue to derail investor sentiment in the Pound, and the major pair has yet to establish a successful bullish recovery.
GBP/USD, M30
- The past month has seen the GBP/USD tumble from a near-term peak of 1.3260, and the Cable finds itself at new seven-week lows as buyers struggle to keep the wheels on the Cable.
GBP/USD, H4
GBP/USD
Overview:
Last Price: 1.2836
Daily change: 9.0 pips
Daily change: 0.0702%
Daily Open: 1.2827
Trends:
Daily SMA20: 1.3046
Daily SMA50: 1.3022
Daily SMA100: 1.3066
Daily SMA200: 1.3458
Levels:
Daily High: 1.2842
Daily Low: 1.2777
Weekly High: 1.3092
Weekly Low: 1.2777
Monthly High: 1.33
Monthly Low: 1.2786
Daily Fibonacci 38.2%: 1.2818
Daily Fibonacci 61.8%: 1.2802
Daily Pivot Point S1: 1.2788
Daily Pivot Point S2: 1.275
Daily Pivot Point S3: 1.2723
Daily Pivot Point R1: 1.2854
Daily Pivot Point R2: 1.2881
Daily Pivot Point R3: 1.2919
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.