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11 Apr 2019
GBP/USD Technical Analysis: Cable stuck in a range near 1.3080 level
GBP/USD daily chart
- GBP/USD is consolidating above the 200-day simple moving average (SMA).
- GBP/USD is not having a clear direction in the short-term.
GBP/USD 4-hour chart
- GBP/USD is trading near the 50 SMA.
GBP/USD 30-minute chart
- GBP/USD remains stuck in a range.
- Buyers will need to break above 1.3200 to reach 1.3250 resistance.
- On the flip side, 1.3040 and 1.3000 level can act as a level of support.
Additional key levels