- GBP/USD prints four-day winning streak, recently picking up bids from 1.3144.
- 10-day SMA, two-week-old rising trend line offer near-term strong support.
- Monthly top, September high stay on the bulls’ radars.
GBP/USD ticks up to 1.3260, gaining 0.06% intraday, during the pre-Tokyo open trading on Wednesday. In doing so, the Cable keeps Friday’s recovery moves from 10-day SMA and an ascending trend line from November 02 amid bullish MACD signals.
GBP/USD buyers currently eye the 1.3300 round-figure ahead of targeting the monthly peak surrounding 1.3315.
During the quote’s sustained rise past-1.3315, the 1.3400 threshold can offer an intermediate halt before propelling the bulls toward September’s high near 1.3485.
Alternatively, a daily closing below 1.3195 support joint can quickly challenge the previous week’s low near 1.3105.
Though, the 1.3100 mark may stop the GBP/USD bears from attacking the monthly low of 1.2854.
GBP/USD daily chart
Additional important levels
|Today last price||1.326|
|Today Daily Change||63 pips|
|Today Daily Change %||0.48%|
|Today daily open||1.3197|
|Previous Daily High||1.3242|
|Previous Daily Low||1.3166|
|Previous Weekly High||1.3314|
|Previous Weekly Low||1.3107|
|Previous Monthly High||1.3177|
|Previous Monthly Low||1.282|
|Daily Fibonacci 38.2%||1.3213|
|Daily Fibonacci 61.8%||1.3195|
|Daily Pivot Point S1||1.3161|
|Daily Pivot Point S2||1.3125|
|Daily Pivot Point S3||1.3084|
|Daily Pivot Point R1||1.3238|
|Daily Pivot Point R2||1.3279|
|Daily Pivot Point R3||1.3315|
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