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15 Jan 2019

GBP/USD Technical Analysis: Cable blasts towards 1.2850 target as Parliament votes down PM May's Brexit deal

GBP/USD daily chart

  • GBP/USD is trading in a bear trend below the 100 and 200 simple moving averages (SMAs). 
  • Parliament voted down PM May's Brexit deal.

 
GBP/USD 4-hour chart

  • GBP/USD is trading above its main SMAs. 

GBP/USD 30-minute chart

  • GBP Bulls are back and the next target is likely the 1.2850 level.

Additional key levels

GBP/USD

Overview:
    Today Last Price: 1.2775
    Today Daily change: -93 pips
    Today Daily change %: -0.723%
    Today Daily Open: 1.2868
Trends:
    Previous Daily SMA20: 1.2708
    Previous Daily SMA50: 1.2763
    Previous Daily SMA100: 1.2893
    Previous Daily SMA200: 1.3118
Levels:
    Previous Daily High: 1.2931
    Previous Daily Low: 1.2818
    Previous Weekly High: 1.2866
    Previous Weekly Low: 1.2704
    Previous Monthly High: 1.284
    Previous Monthly Low: 1.2477
    Previous Daily Fibonacci 38.2%: 1.2888
    Previous Daily Fibonacci 61.8%: 1.2861
    Previous Daily Pivot Point S1: 1.2813
    Previous Daily Pivot Point S2: 1.2759
    Previous Daily Pivot Point S3: 1.27
    Previous Daily Pivot Point R1: 1.2926
    Previous Daily Pivot Point R2: 1.2985
    Previous Daily Pivot Point R3: 1.304

 

Jan 15, 2019

EU's Juncker: I urge the UK to clarify its intentions as soon as possible

"I take note with regret of the outcome of the vote in the House of Commons this evening. I urge the UK to clarify its intentions as soon as possible.
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Jan 15, 2019

USD/MXN drops back to 19.00 as recovery fades

The USD/MXN pair bottomed today at 18.95, the lowest level since mid-October and then rebounded. The pair peaked at 19.08 and pulled back to 19.00, wh
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