GBP/USD Technical Analysis: 1.1280 intraday support in play on Easter Monday

Flavio Tosti Independent Analyst

GBP/USD daily chart

GBP/USD is trading in a consolidation above its 200-day simple moving average (SMA).
Volatility is likely going to be limited on Easter Monday.

GBP/USD 4-hour chart

GBP/USD is hovering above 1.2950 key support.

GBP/USD 30-minute chart

The market is trading below its main SMAs suggesting a negative bias in the short-term.
1.2880 is a key intraday support and a break below would open the gates to 1.2950 level.
Alternatively, a bounce at 1.2880 can lead to a recovery to 1.3000 and 1.3020 level

Additional key levels

GBP/USD

Overview
Today last price	1.2985
Today Daily Change	-0.0004
Today Daily Change %	-0.03
Today daily open	1.2989

Trends
Daily SMA20	1.3084
Daily SMA50	1.31
Daily SMA100	1.2956
Daily SMA200	1.2966

Levels
Previous Daily High	1.3013
Previous Daily Low	1.2982
Previous Weekly High	1.312
Previous Weekly Low	1.2978
Previous Monthly High	1.3384
Previous Monthly Low	1.296
Daily Fibonacci 38.2%	1.3001
Daily Fibonacci 61.8%	1.2994
Daily Pivot Point S1	1.2976
Daily Pivot Point S2	1.2964
Daily Pivot Point S3	1.2945
Daily Pivot Point R1	1.3007
Daily Pivot Point R2	1.3026
Daily Pivot Point R3	1.3038

Author

Flavio Tosti

Independent Analyst

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