GBP/USD Technical Analysis: Cable trading near the daily highs above 1.3050 level

Flavio Tosti Independent Analyst

GBP/USD daily chart

GBP/USD is trading above the main simple moving averages (SMAs).

GBP/USD 4-hour chart

GBP/USD is trading above the 1.3000 figure and the main simple moving averages (SMA) suggesting a bullish bias in the medium-term.

GBP/USD 30-minute chart

GBP/USD is trading above the main SMAs suggesting bullish momentum in the short-term.
Bulls need to break 1.3100 figure to reach 1.3120, 1.3135 and 1.3185 level to the upside.
Support is at 1.3020 and 1.2960 level.

Additional key levels:

GBP/USD

Overview:
    Today Last Price: 1.3061
    Today Daily change: 23 pips
    Today Daily change %: 0.18%
    Today Daily Open: 1.3038
Trends:
    Daily SMA20: 1.2997
    Daily SMA50: 1.2858
    Daily SMA100: 1.2879
    Daily SMA200: 1.2997
Levels:
    Previous Daily High: 1.3096
    Previous Daily Low: 1.3026
    Previous Weekly High: 1.2959
    Previous Weekly Low: 1.2773
    Previous Monthly High: 1.3214
    Previous Monthly Low: 1.2438
    Daily Fibonacci 38.2%: 1.3053
    Daily Fibonacci 61.8%: 1.3069
    Daily Pivot Point S1: 1.301
    Daily Pivot Point S2: 1.2983
    Daily Pivot Point S3: 1.2941
    Daily Pivot Point R1: 1.308
    Daily Pivot Point R2: 1.3123
    Daily Pivot Point R3: 1.315

Author

Flavio Tosti

Independent Analyst

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