GBP/USD Technical Analysis: Ascending triangle can lead to a retest of 1.2900 figure
GBP/USD daily chart
- GBP/USD is trading below its main simple moving averages (SMAs) on the daily time-frame.
- GBP/USD is hovering near the November lows as the RSI and Stochastic indicators are trading below the 50 line.
GBP/USD 4-hour chart
- GBP/USD is currently capped by the 50 SMA.
- GBP/USD is trapped in an ascending triangle suggesting that bulls might want to retest the 1.2900 figure.
GBP/USD 30-minute chart
- GBP/USD is back below its main SMAs.
- The level to beat for bears is the 1.2800 figure.
- A break below 1.2800 can lead to a drop to the 1.2725 level.
Additional key levels
GBP/USD
Overview:
Today Last Price: 1.2813
Today Daily change: -2.0 pips
Today Daily change %: -0.0156%
Today Daily Open: 1.2815
Trends:
Previous Daily SMA20: 1.2904
Previous Daily SMA50: 1.3007
Previous Daily SMA100: 1.3
Previous Daily SMA200: 1.3347
Levels:
Previous Daily High: 1.2885
Previous Daily Low: 1.2799
Previous Weekly High: 1.2928
Previous Weekly Low: 1.2764
Previous Monthly High: 1.326
Previous Monthly Low: 1.2696
Previous Daily Fibonacci 38.2%: 1.2832
Previous Daily Fibonacci 61.8%: 1.2852
Previous Daily Pivot Point S1: 1.2781
Previous Daily Pivot Point S2: 1.2747
Previous Daily Pivot Point S3: 1.2695
Previous Daily Pivot Point R1: 1.2867
Previous Daily Pivot Point R2: 1.2919
Previous Daily Pivot Point R3: 1.2953