GBPUSD support levels

British Pound/U.S. DollarFXCM

Description

⋅ Feb 9, 2020 1:06 PM

After being buoyed by a surprisingly hawkish BoE, the £ was crushed last week amid fears of a hard brexit & general $ strength. Here are the levels to watch next week:

200DMA ~$1.27
200 Week MA ~$1.277
50% fib Sept -> Dec advance @$1.273
2019 open also exactly on that 50% fib
Long-term median line (pink)

More levels on the Daily

4Hour pitchfork