GBP/USD Technical Analysis: Looking for a fresh break into 1.2800
- This week opens with GBP/USD riding a couple of higher lows to continue intraday bullish moves, but the pairing is quickly running into immediate resistance from 1.2770 and the 1.2800 handle.
GBP/USD, 15-Minute
- Near-term action on the Cable shows the pair maintaining a skewed stance towards the middle, with rough breaks to either side routinely getting faded back into the median as 1.2650 - 1.2700 remains a key congestion zone.
GBP/USD, 1-Hour
- The 1.2750 region has proven to be a consistent tipping point for GBP/USD in recent months, and failure to break higher above the key level could see the Cable break lower once again.
GBP/USD, 4-Hour
GBP/USD
Overview:
Today Last Price: 1.2745
Today Daily change: 7.0 pips
Today Daily change %: 0.0550%
Today Daily Open: 1.2738
Trends:
Previous Daily SMA20: 1.265
Previous Daily SMA50: 1.2773
Previous Daily SMA100: 1.2898
Previous Daily SMA200: 1.3155
Levels:
Previous Daily High: 1.2746
Previous Daily Low: 1.2615
Previous Weekly High: 1.2815
Previous Weekly Low: 1.2438
Previous Monthly High: 1.284
Previous Monthly Low: 1.2477
Previous Daily Fibonacci 38.2%: 1.2696
Previous Daily Fibonacci 61.8%: 1.2665
Previous Daily Pivot Point S1: 1.2653
Previous Daily Pivot Point S2: 1.2569
Previous Daily Pivot Point S3: 1.2523
Previous Daily Pivot Point R1: 1.2784
Previous Daily Pivot Point R2: 1.283
Previous Daily Pivot Point R3: 1.2914