GBP/USD Technical Analysis: Cable treading water above the 1.3100 figure

Flavio Tosti Independent Analyst

GBP/USD daily chart

GBP/USD is trading just above its 200-day simple moving average.

GBP/USD 4-hour chart

GBP/USD is trading above its main SMAs suggesting a bullish momentum in the medium-term.

GBP/USD 30-minute chart

GBP/USD is trading sideways. Bulls are looking for a break of the 1.3160 resistance while bears need a break below the 1.3100 support.
GBP/USD is trading below its 200 SMA suggesting a mild bearish bias for the end of the week, supports to the downside can be seen at 1.3050 and 1.3000 figure.
GBP/USD is set to remain in a tight range this Thursday.

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.3118
    Today Daily change: 15 pips
    Today Daily change %: 0.11%
    Today Daily Open: 1.3103
Trends:
    Daily SMA20: 1.2914
    Daily SMA50: 1.2784
    Daily SMA100: 1.29
    Daily SMA200: 1.305
Levels:
    Previous Daily High: 1.3146
    Previous Daily Low: 1.3054
    Previous Weekly High: 1.3214
    Previous Weekly Low: 1.283
    Previous Monthly High: 1.284
    Previous Monthly Low: 1.2477
    Daily Fibonacci 38.2%: 1.3111
    Daily Fibonacci 61.8%: 1.3089
    Daily Pivot Point S1: 1.3056
    Daily Pivot Point S2: 1.3009
    Daily Pivot Point S3: 1.2965
    Daily Pivot Point R1: 1.3148
    Daily Pivot Point R2: 1.3193
    Daily Pivot Point R3: 1.324

Author

Flavio Tosti

Independent Analyst

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