GBP/USD Technical Analysis: Cable drops below the 1.3100 figure

Flavio Tosti Independent Analyst

GBP/USD daily chart

GBP/USD is trading in a bull trend above its main simple moving averages (SMAs).
GBP/USD is testing the 50 SMA at the 1.3059 level.

GBP/USD 4-hour chart

GBP/USD is testing the 200 SMA.

GBP/USD 30-minute chart

GBP/USD is trading below the 1.3100 figure and its main SMAs suggesting bearish momentum in the short-term.
A break below 1.3060 support can lead to 1.3000 the figure.
Resistance is at 1.3100 and 1.3160 level.

Additional key levels

GBP/USD

Overview
Today last price	1.3073
Today Daily Change	-0.0123
Today Daily Change %	-0.93
Today daily open	1.3196

Trends
Daily SMA20	1.3183
Daily SMA50	1.3052
Daily SMA100	1.2913
Daily SMA200	1.298

Levels
Previous Daily High	1.3282
Previous Daily Low	1.3146
Previous Weekly High	1.3384
Previous Weekly Low	1.296
Previous Monthly High	1.3351
Previous Monthly Low	1.2773
Daily Fibonacci 38.2%	1.3198
Daily Fibonacci 61.8%	1.323
Daily Pivot Point S1	1.3134
Daily Pivot Point S2	1.3072
Daily Pivot Point S3	1.2999
Daily Pivot Point R1	1.327
Daily Pivot Point R2	1.3344
Daily Pivot Point R3	1.3405

Author

Flavio Tosti

Independent Analyst

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