GBP/USD Technical Analysis: Cable bulls break above the 200-day simple moving average

GBP/USD daily chart

  • GBP/USD bulls are challenging the 200-day simple moving average (SMA) suggesting bullish strength. 

GBP/USD 4-hour chart

  • GBP/USD continues to climb relentlessly above the main SMAs and the 1.3100 psychological mark suggesting bullish momentum.

GBP/USD 30-minute chart

  • GBP/USD is trading above its main SMAs suggesting bullish momentum. 
  • Bulls are likely en route towards the 1.3160 level, although gains might be limited on Friday.
  • Support is seen at the 1.3050 and 1.3000 figure.

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.3109
    Today Daily change: 51 pips
    Today Daily change %: 0.39%
    Today Daily Open: 1.3058
Trends:
    Daily SMA20: 1.2827
    Daily SMA50: 1.2758
    Daily SMA100: 1.2895
    Daily SMA200: 1.3067
Levels:
    Previous Daily High: 1.3096
    Previous Daily Low: 1.3012
    Previous Weekly High: 1.3002
    Previous Weekly Low: 1.2668
    Previous Monthly High: 1.284
    Previous Monthly Low: 1.2477
    Daily Fibonacci 38.2%: 1.3044
    Daily Fibonacci 61.8%: 1.3063
    Daily Pivot Point S1: 1.3015
    Daily Pivot Point S2: 1.2971
    Daily Pivot Point S3: 1.2931
    Daily Pivot Point R1: 1.3099
    Daily Pivot Point R2: 1.3139
    Daily Pivot Point R3: 1.3183

 

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