GBP/USD Technical Analysis: Cable directionless amidst Brexit chaos
|GBP/USD daily chart
- GBP/USD is consolidating above the 200-day simple moving average (SMA) while rejecting the 1.3100 level and the 50 SMA.
- GBP/USD is trading below its main SMAs suggesting bearish momentum in the medium-term.
GBP/USD 30-minute chart
- GBP/USD is trading below its main SMAs suggesting bearish momentum in the short-term.
- The main support to the downside is seen at 1.3000 and 1.2960 level.
- Immediate resistance is seen at 1.3080 and 1.3120 level.
Additional key levels
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