GBP/USD Technical Analysis: Set to continue breakdown into fresh 18-month lows
- GBP/USD trading into 12680 after slipping the 1.2700 handle in Wednesday's early Asia market window.
GBP/USD, 5-Minute
- The Cable remains grudgingly bearish despite frequent swings to the upside, fueled largely by fundamental flows on Brexit.
GBP/USD, 30-Minute
- Steep declines have been the hallmark of GBP/USD over the last quarter, but the tick into a new 18-month low at 1.2658 may have opened the door to further downside for the Cable.
GBP/USD, 4-Hour
GBP/USD
Overview:
Today Last Price: 1.2681
Today Daily change: -30 pips
Today Daily change %: -0.236%
Today Daily Open: 1.2711
Trends:
Previous Daily SMA20: 1.2852
Previous Daily SMA50: 1.2952
Previous Daily SMA100: 1.2968
Previous Daily SMA200: 1.3304
Levels:
Previous Daily High: 1.284
Previous Daily Low: 1.2659
Previous Weekly High: 1.2864
Previous Weekly Low: 1.2725
Previous Monthly High: 1.3176
Previous Monthly Low: 1.2723
Previous Daily Fibonacci 38.2%: 1.2728
Previous Daily Fibonacci 61.8%: 1.2771
Previous Daily Pivot Point S1: 1.2633
Previous Daily Pivot Point S2: 1.2555
Previous Daily Pivot Point S3: 1.2452
Previous Daily Pivot Point R1: 1.2815
Previous Daily Pivot Point R2: 1.2918
Previous Daily Pivot Point R3: 1.2996