Back

GBP/USD Technical Analysis: Cable reversing most of its daily losses

GBP/USD 4-hour chart

  • GBP is trading in a bull flag above the 100 and 200 simple moving averages. 
  • Bulls would need to break above 1.3200 to reach 1.3350 swing high to the upside.
  • However, a break below 1.3100 could lead to 1.2950 level.

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.3163
    Today Daily change: -13 pips
    Today Daily change %: -0.10%
    Today Daily Open: 1.3176
Trends:
    Daily SMA20: 1.3026
    Daily SMA50: 1.2936
    Daily SMA100: 1.2882
    Daily SMA200: 1.299
Levels:
    Previous Daily High: 1.3269
    Previous Daily Low: 1.3166
    Previous Weekly High: 1.3351
    Previous Weekly Low: 1.3051
    Previous Monthly High: 1.3351
    Previous Monthly Low: 1.2773
    Daily Fibonacci 38.2%: 1.3205
    Daily Fibonacci 61.8%: 1.323
    Daily Pivot Point S1: 1.3139
    Daily Pivot Point S2: 1.3101
    Daily Pivot Point S3: 1.3035
    Daily Pivot Point R1: 1.3242
    Daily Pivot Point R2: 1.3307
    Daily Pivot Point R3: 1.3345

 

AUD/USD Technical Analysis: Aussie bulls looking for a breakout ahead of Australian GDP

AUD/USD 4-hour chart Aussie bulls found some support at 0.7060 level.  Bull targets are at 0.7140 and 0.7200 level. However, a break below 0.7060
Baca lagi Previous

When is the Aussie GDP release and how could it affect the AUD/USD?

Australian GDP overview Early Wednesday at 00:30 GMT sees the next round of Australia's gross domestic product (GDP) figures for the final quarter (Q
Baca lagi Next