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

 

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