GBP/USD Technical Analysis: 1.3300 is the next destination for Cable bulls

GBP/USD daily chart

  • GBP/USD is trading in a bull leg above its main simple moving averages (SMAs). 

GBP/USD 4-hour chart

  • GBP/USD is trading above the main SMAs suggesting bullish momentum in the medium-term.


GBP/USD 30-minute chart

  • GBP/USD is trading above its main SMAs suggesting bullish momentum.
  • Bulls are shooting above 1.3200 figure. A daily close above 1.3230 would lead to a run to 1.3300 figure.
  • Support is at 1.3120 and 1.3060 level.

 

Additional key levels 

GBP/USD

Overview:
    Today Last Price: 1.3241
    Today Daily change: 140 pips
    Today Daily change %: 1.07%
    Today Daily Open: 1.3101
Trends:
    Daily SMA20: 1.2986
    Daily SMA50: 1.2877
    Daily SMA100: 1.2879
    Daily SMA200: 1.2993
Levels:
    Previous Daily High: 1.3115
    Previous Daily Low: 1.3051
    Previous Weekly High: 1.3109
    Previous Weekly Low: 1.2891
    Previous Monthly High: 1.3214
    Previous Monthly Low: 1.2438
    Daily Fibonacci 38.2%: 1.309
    Daily Fibonacci 61.8%: 1.3075
    Daily Pivot Point S1: 1.3063
    Daily Pivot Point S2: 1.3025
    Daily Pivot Point S3: 1.3
    Daily Pivot Point R1: 1.3127
    Daily Pivot Point R2: 1.3153
    Daily Pivot Point R3: 1.3191

 

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