GBPUSD support levels

2020-02-09 20:06:02

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
https://www.tradingview.com/x/rUUyP96B/

4Hour pitchfork
https://www.tradingview.com/x/ycVFej4L/