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GBP/USD Technical Analysis: Cable bears challenging the 1.3100 figure

GBP/USD daily chart

  • GBP/USD is trading in a bull leg above its main simple moving averages.

GBP/USD 4-hour chart

  • GBP/USD is testing the 100 SMA. 

GBP/USD 30-minute chart

  • GBP/USD is trading below the main SMAs suggesting bearish momentum.
  • On a break below 1.3100 Cable can be exposed to further losses to 1.3070 and 1.3000 figure.
  • Resistances are at 1.3150 and 1.3200 figure.   

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.3101
    Today Daily change: -77 pips
    Today Daily change %: -0.58%
    Today Daily Open: 1.3178
Trends:
    Daily SMA20: 1.3049
    Daily SMA50: 1.2957
    Daily SMA100: 1.2882
    Daily SMA200: 1.2989
Levels:
    Previous Daily High: 1.318
    Previous Daily Low: 1.3124
    Previous Weekly High: 1.3351
    Previous Weekly Low: 1.3051
    Previous Monthly High: 1.3351
    Previous Monthly Low: 1.2773
    Daily Fibonacci 38.2%: 1.3159
    Daily Fibonacci 61.8%: 1.3146
    Daily Pivot Point S1: 1.3141
    Daily Pivot Point S2: 1.3104
    Daily Pivot Point S3: 1.3084
    Daily Pivot Point R1: 1.3197
    Daily Pivot Point R2: 1.3217
    Daily Pivot Point R3: 1.3254

 

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