GBP/USD Technical Analysis: Cable at daily highs challenging 1.3070 resistance

11.03.2019

GBP/USD daily chart

GBP/USD is bouncing from its main simple moving averages (SMAs) suggesting a bullish bias.

GBP/USD 4-hour chart

GBP/USD is testing the 200 SMA while the market is below the 50 and 100 SMA.

GBP/USD 30-minute chart

GBP/USD is trading between the 100 and 200 SMA suggesting a consolidation phase in the short-term.

The main resistance on Monday is 1.3070. A break above it can lead to 1.3100 figure.

Supports are at 1.3000 and 1.2960 level.

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.3054
    Today Daily change: 41 pips
    Today Daily change %: 0.32%
    Today Daily Open: 1.3013
Trends:
    Daily SMA20: 1.3059
    Daily SMA50: 1.2972
    Daily SMA100: 1.2882
    Daily SMA200: 1.2987
Levels:
    Previous Daily High: 1.3109
    Previous Daily Low: 1.299
    Previous Weekly High: 1.3269
    Previous Weekly Low: 1.299
    Previous Monthly High: 1.3351
    Previous Monthly Low: 1.2773
    Daily Fibonacci 38.2%: 1.3035
    Daily Fibonacci 61.8%: 1.3063
    Daily Pivot Point S1: 1.2966
    Daily Pivot Point S2: 1.2919
    Daily Pivot Point S3: 1.2847
    Daily Pivot Point R1: 1.3084
    Daily Pivot Point R2: 1.3156
    Daily Pivot Point R3: 1.3203

GBP/USD Technical Analysis: Cable at daily highs challenging 1.3070 resistance

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