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15 Nov 2018
GBP/USD Technical Analysis: Brexit-laden Cable strangling 1.3000
- The GBP/USD is drifting higher heading into Friday's action, after a rough Thursday session sent the Cable into a rough ranging pattern.
- GBP/USD Forecast: Trying to stabilize after Brexit headlines-led volatile swings
GBP/USD Chart, 5-Minute
- Brexit headlines have a measurable effect on the Cable, and the GBP/USD's wild swings can be seen over the past two weeks, with recent trading days seeing a notable uptick in non-directional volatility.
GBP/USD Chart, 30-Minute
- The last two months see the GBP/USD in a rough medium-term range, but technical outlays remain strangled as technical indicators continue to spit out trading signals at inconvenient intervals between swings in both directions.
GBP/USD Chart, 4-Hour
GBP/USD
Overview:
Last Price: 1.3022
Daily change: 10 pips
Daily change: 0.0769%
Daily Open: 1.3012
Trends:
Daily SMA20: 1.2946
Daily SMA50: 1.3036
Daily SMA100: 1.3026
Daily SMA200: 1.3385
Levels:
Daily High: 1.3074
Daily Low: 1.2881
Weekly High: 1.3176
Weekly Low: 1.2958
Monthly High: 1.326
Monthly Low: 1.2696
Daily Fibonacci 38.2%: 1.3
Daily Fibonacci 61.8%: 1.2955
Daily Pivot Point S1: 1.2904
Daily Pivot Point S2: 1.2796
Daily Pivot Point S3: 1.2712
Daily Pivot Point R1: 1.3097
Daily Pivot Point R2: 1.3181
Daily Pivot Point R3: 1.3289