GBP/USD Technical Analysis: Cable bulls looking for a break above 1.3100 figure

Flavio Tosti Independent Analyst

GBP/USD daily chart

GBP/USD is trading above the 200-day simple moving average (SMA).

GBP/USD 4-hour chart

GBP/USD is trading above its main SMAs suggesting a bullish bias in the medium-term.

GBP/USD 30-minute chart

GBP/USD is trading above the main SMAs suggesting a bullish bias in the short-term.
Bulls need to break 1.3100 figure. The next bull targets are at 1.3120, 1.3135 and 1.3185 level.
Support is at 1.3020 and 1.2900 level.

Additional key levels:

GBP/USD

Overview:
    Today Last Price: 1.3087
    Today Daily change: 31 pips
    Today Daily change %: 0.24%
    Today Daily Open: 1.3056
Trends:
    Daily SMA20: 1.2998
    Daily SMA50: 1.2851
    Daily SMA100: 1.2879
    Daily SMA200: 1.2999
Levels:
    Previous Daily High: 1.3109
    Previous Daily Low: 1.301
    Previous Weekly High: 1.2959
    Previous Weekly Low: 1.2773
    Previous Monthly High: 1.3214
    Previous Monthly Low: 1.2438
    Daily Fibonacci 38.2%: 1.3048
    Daily Fibonacci 61.8%: 1.3071
    Daily Pivot Point S1: 1.3007
    Daily Pivot Point S2: 1.2959
    Daily Pivot Point S3: 1.2908
    Daily Pivot Point R1: 1.3107
    Daily Pivot Point R2: 1.3158
    Daily Pivot Point R3: 1.3206

Author

Flavio Tosti

Independent Analyst

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