GBP/USD Technical Analysis: Cable trading near 1.3260 ahead of Brexit vote

GBP/USD daily chart

  • GBP/USD is trading in a bull trend above its main simple moving averages.
  • Sterling can see high volatility as the UK’s Parliamentary vote on Brexit is starting at 17.00 GMT.


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 100 and 200 SMAs suggesting bullish momentum in the short-term. 
  • A break above 1.3300 resistance could lead to 1.3400 and 1.3500 figure.
  • Looking down, immediate support is seen at 1.3200 figure and 1.3150 level.


 

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.3267
    Today Daily change: -73 pips
    Today Daily change %: -0.55%
    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

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.