GBP/USD Technical Analysis: Cable looking at 1.3300 figure as Brexit is delayed

Flavio Tosti Independent Analyst

GBP/USD daily chart

GBP/USD is trading in a bull trend above its main simple moving averages.
The UK Parliament voted 412 to 202 to delay the Brexit.

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 its 100 and 200 SMAs suggesting bullish momentum in the short-term.
Bulls are looking for a break above 1.3300 resistance which could lead to 1.3400 and 1.3500 figure.
To the downside, support is at 1.3200 figure and 1.3150 level.

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.3228
    Today Daily change: -112 pips
    Today Daily change %: -0.84%
    Today Daily Open: 1.334
Trends:
    Daily SMA20: 1.3107
    Daily SMA50: 1.3001
    Daily SMA100: 1.289
    Daily SMA200: 1.2984
Levels:
    Previous Daily High: 1.3384
    Previous Daily Low: 1.306
    Previous Weekly High: 1.3269
    Previous Weekly Low: 1.299
    Previous Monthly High: 1.3351
    Previous Monthly Low: 1.2773
    Daily Fibonacci 38.2%: 1.3261
    Daily Fibonacci 61.8%: 1.3184
    Daily Pivot Point S1: 1.3139
    Daily Pivot Point S2: 1.2937
    Daily Pivot Point S3: 1.2814
    Daily Pivot Point R1: 1.3463
    Daily Pivot Point R2: 1.3586
    Daily Pivot Point R3: 1.3788

Author

Flavio Tosti

Independent Analyst

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