GBP/USD Technical Analysis: Cable soars to 1.3300 figure on Brexit news

Flavio Tosti Independent Analyst

GBP/USD daily chart

GBP/USD is trading in a bull trend above its main simple moving averages.
GBP/USD jumped about 100 pips on optimistic views on backstop amendments.

GBP/USD 4-hour chart

A break above 1.3300 figure can lead to 1.3425 resistance.
Support is at 1.3100 figure.

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.3225
    Today Daily change: 212 pips
    Today Daily change %: 1.63%
    Today Daily Open: 1.3013
Trends:
    Daily SMA20: 1.3059
    Daily SMA50: 1.2972
    Daily SMA100: 1.2882
    Daily SMA200: 1.2987
Levels:
    Previous Daily High: 1.3109
    Previous Daily Low: 1.299
    Previous Weekly High: 1.3269
    Previous Weekly Low: 1.299
    Previous Monthly High: 1.3351
    Previous Monthly Low: 1.2773
    Daily Fibonacci 38.2%: 1.3035
    Daily Fibonacci 61.8%: 1.3063
    Daily Pivot Point S1: 1.2966
    Daily Pivot Point S2: 1.2919
    Daily Pivot Point S3: 1.2847
    Daily Pivot Point R1: 1.3084
    Daily Pivot Point R2: 1.3156
    Daily Pivot Point R3: 1.3203

Author

Flavio Tosti

Independent Analyst

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