GBP/USD Technical Analysis: Cable undecided ahead of Brexit Vote

GBP/USD daily chart

  • GBP/USD is trading in a bull trend above its main simple moving averages.
  • GBP/USD is undecided where to go next as investors are awaiting the Brexit Vote.

GBP/USD 4-hour chart

  • GBP/USD is trading between the 100 and 200 SMAs suggesting a consolidation phase in the medium-term.

GBP/USD 30-minute chart

  • GBP/USD is trading between the 100 and 200 SMAs suggesting a range market in the short-term.
  • A break above 1.3100 can lead to 1.3150 and 1.3200 resistances. 
  • To the downside, supports are seen near 1.300 figure, 1.2960 and 1.2900 figure.

 

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.3072
    Today Daily change: -80 pips
    Today Daily change %: -0.61%
    Today Daily Open: 1.3152
Trends:
    Daily SMA20: 1.3073
    Daily SMA50: 1.298
    Daily SMA100: 1.2884
    Daily SMA200: 1.2986
Levels:
    Previous Daily High: 1.3171
    Previous Daily Low: 1.296
    Previous Weekly High: 1.3269
    Previous Weekly Low: 1.299
    Previous Monthly High: 1.3351
    Previous Monthly Low: 1.2773
    Daily Fibonacci 38.2%: 1.309
    Daily Fibonacci 61.8%: 1.3041
    Daily Pivot Point S1: 1.3018
    Daily Pivot Point S2: 1.2884
    Daily Pivot Point S3: 1.2807
    Daily Pivot Point R1: 1.3229
    Daily Pivot Point R2: 1.3305
    Daily Pivot Point R3: 1.344

 

US CPI: Inflation subsided in February - CIBC

Katherine Judge, analyst at CIBC, explains that US CPI data released today, showed that price pressures came in surprisingly soft in February. Key Qu
Mehr darüber lesen Previous

EU's Barnier: No withdrawal agreement means no transition

"Listening to debate in the House of Commons: There seems to be a dangerous illusion that the UK can benefit from a transition in the absence of the W
Mehr darüber lesen Next