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3 Apr 2019
GBP/USD Technical Analysis: Cable bears eyeing 1.3130 support in the New York session
GBP/USD daily chart
- GBP/USD is consolidating above its 200-day simple moving average (SMA).
GBP/USD 4-hour chart
- GBP/USD is trading between the 100 and 200 SMAs suggesting a consolidation in the medium-term.
GBP/USD 30-minute chart
- GBP/USD is consolidating the recent bull run below 1.3200 resistance.
- As long as 1.3200 resistance is not breached the 1.3130 and 1.3060 support stays on the bears radar.
Additional key levels