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GBP/USD Technical Analysis: Upside appealing above 1.3080 level

GBP/USD daily chart

  • GBP/USD is consolidating above the 200-day simple moving average (SMA).

GBP/USD 4-hour chart

  • GBP/USD is trading below its main SMAs suggesting bearish momentum.


GBP/USD 30-minute chart

  • Bulls managed to gain some traction on Monday above the 100 SMA. 
  • A breakout above 1.3080 the figure can open the gates to 1.3080 and 1.3190 level.
  • Support is seen at 1.3040 and 1.3000 figure. 


Additional key levels

 

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