14 Nov 2018
GBP/USD Technical Analysis: Cable trading in the 1.2850-1.3000 range amid Brexit headlines
GBP/USD 4-hour chart
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- GBP/USD is trading in a bear trend below the 200-period simple moving average.
- Technical indicators are losing steam suggesting that a test of 1.2850 can be on the cards.
- Brexit headlines are keeping traders on their toes leaving the currency pairs vulnerable to swings in both directions.
Additional key levels at a glance:
GBP/USD
Overview:
Last Price: 1.2914
Daily change: -42 pips
Daily change: -0.324%
Daily Open: 1.2956
Trends:
Daily SMA20: 1.2951
Daily SMA50: 1.3034
Daily SMA100: 1.3027
Daily SMA200: 1.339
Levels:
Daily High: 1.3048
Daily Low: 1.2839
Weekly High: 1.3176
Weekly Low: 1.2958
Monthly High: 1.326
Monthly Low: 1.2696
Daily Fibonacci 38.2%: 1.2968
Daily Fibonacci 61.8%: 1.2919
Daily Pivot Point S1: 1.2847
Daily Pivot Point S2: 1.2738
Daily Pivot Point S3: 1.2637
Daily Pivot Point R1: 1.3057
Daily Pivot Point R2: 1.3157
Daily Pivot Point R3: 1.3266