GBP/USD Technical Analysis: Cable hovering near 1.3000 figure

Flavio Tosti Independent Analyst

GBP/USD daily chart

GBP/USD is trading in a bull trend above its 200-day simple moving avearge (SMA).

GBP/USD 4-hour chart

GBP/USD is testing the 1.3000 figure.

GBP/USD 30-minute chart

The market is trading below its main SMAs suggesting a bearish bias in the short-term.
1.3000 is a key support and a breach of it would open the gates to 1.2950 level.
Alternatively, a bounce can see 1.3040 revisited.

Additional key levels

GBP/USD

Overview
Today last price	1.3004
Today Daily Change	-0.0042
Today Daily Change %	-0.32
Today daily open	1.3046

Trends
Daily SMA20	1.3102
Daily SMA50	1.3098
Daily SMA100	1.2952
Daily SMA200	1.2969

Levels
Previous Daily High	1.3069
Previous Daily Low	1.3028
Previous Weekly High	1.3133
Previous Weekly Low	1.303
Previous Monthly High	1.3384
Previous Monthly Low	1.296
Daily Fibonacci 38.2%	1.3044
Daily Fibonacci 61.8%	1.3053
Daily Pivot Point S1	1.3026
Daily Pivot Point S2	1.3006
Daily Pivot Point S3	1.2985
Daily Pivot Point R1	1.3067
Daily Pivot Point R2	1.3088
Daily Pivot Point R3	1.3108

Author

Flavio Tosti

Independent Analyst

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