GBP/USD Technical Analysis: Cable boosted en route towards 1.3140 resistance

Flavio Tosti Independent Analyst

GBP/USD daily chart

GBP/USD is trading above its 100 and 200 SMAs as the market gets a strong boost above 1.3000 figure.

GBP/USD 4-hour chart

GBP/USD is trading above the 50 and 100 SMAs suggesting consolidation up in the medium-term.

GBP/USD 30-minute chart

GBP/USD is trading above its main SMAs suggesting a bullish bias in the short-term.
If bulls break 1.3050 then 1.3100 and 1.3140 can become the next targets.
Support is at 1.3000 and 1.2950 level.

Additional key levels

GBP/USD

Overview
Today last price	1.3047
Today Daily Change	0.0113
Today Daily Change %	0.87
Today daily open	1.2934

Trends
Daily SMA20	1.3023
Daily SMA50	1.3107
Daily SMA100	1.2969
Daily SMA200	1.2961

Levels
Previous Daily High	1.2947
Previous Daily Low	1.2904
Previous Weekly High	1.302
Previous Weekly Low	1.2865
Previous Monthly High	1.3384
Previous Monthly Low	1.296
Daily Fibonacci 38.2%	1.2931
Daily Fibonacci 61.8%	1.292
Daily Pivot Point S1	1.291
Daily Pivot Point S2	1.2885
Daily Pivot Point S3	1.2867
Daily Pivot Point R1	1.2953
Daily Pivot Point R2	1.2971
Daily Pivot Point R3	1.2996

Author

Flavio Tosti

Independent Analyst

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