20 Nov 2018
GBP/USD Technical Analysis: Cable weakening below the 1.2880 resistance
GBP/USD 4-hour chart
- GBP/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart.
- GBP/USD is capped by the 1.2880 level as technical indicators are weakening.
- The next targets are seen at 1.2800 and 1.2700 (October low).
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Additional key levels at a glance:
GBP/USD
Overview:
Last Price: 1.2817
Daily change: -33 pips
Daily change: -0.257%
Daily Open: 1.285
Trends:
Daily SMA20: 1.2916
Daily SMA50: 1.3027
Daily SMA100: 1.3016
Daily SMA200: 1.3369
Levels:
Daily High: 1.2885
Daily Low: 1.2794
Weekly High: 1.3074
Weekly Low: 1.2724
Monthly High: 1.326
Monthly Low: 1.2696
Daily Fibonacci 38.2%: 1.285
Daily Fibonacci 61.8%: 1.2829
Daily Pivot Point S1: 1.2802
Daily Pivot Point S2: 1.2753
Daily Pivot Point S3: 1.2711
Daily Pivot Point R1: 1.2892
Daily Pivot Point R2: 1.2933
Daily Pivot Point R3: 1.2982