GBP/USD Technical Analysis: Set to continue breakdown into fresh 18-month lows


  • GBP/USD trading into 12680 after slipping the 1.2700 handle in Wednesday's early Asia market window.

GBP/USD, 5-Minute

  • The Cable remains grudgingly bearish despite frequent swings to the upside, fueled largely by fundamental flows on Brexit.

GBP/USD, 30-Minute

  • Steep declines have been the hallmark of GBP/USD over the last quarter, but the tick into a new 18-month low at 1.2658 may have opened the door to further downside for the Cable.

GBP/USD, 4-Hour

GBP/USD

Overview:
    Today Last Price: 1.2681
    Today Daily change: -30 pips
    Today Daily change %: -0.236%
    Today Daily Open: 1.2711
Trends:
    Previous Daily SMA20: 1.2852
    Previous Daily SMA50: 1.2952
    Previous Daily SMA100: 1.2968
    Previous Daily SMA200: 1.3304
Levels:
    Previous Daily High: 1.284
    Previous Daily Low: 1.2659
    Previous Weekly High: 1.2864
    Previous Weekly Low: 1.2725
    Previous Monthly High: 1.3176
    Previous Monthly Low: 1.2723
    Previous Daily Fibonacci 38.2%: 1.2728
    Previous Daily Fibonacci 61.8%: 1.2771
    Previous Daily Pivot Point S1: 1.2633
    Previous Daily Pivot Point S2: 1.2555
    Previous Daily Pivot Point S3: 1.2452
    Previous Daily Pivot Point R1: 1.2815
    Previous Daily Pivot Point R2: 1.2918
    Previous Daily Pivot Point R3: 1.2996

 

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