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

     

    Original from: www.fxstreet.com

    No Comments

    New comment

    Your email address will not be published. Required fields are marked *


    recent news