GBP/USD in a Brexit headline chop with a discount on the cards for bears. The 15-min chart displays a potential selling opportunity. GBP/USD is in a chop but could be about to pull in further offers to complete a downside extension to prior resistance turning support structure. 15-min chart As illi=ustrated, the price is now testing a critical resistance area and has left a wick on the downside. On the lower time frames,c such as the 5-min, this wick merely represents a bullish correction from which failures beyond 1.3580 could result in further selling pressures. If the bulls capitulate, then there are prospects of a downside correction to the 1.3530/40 support. 5-min chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Wall Street Close: Record highs ahoy in anticipation of stimulus FX Street 2 years GBP/USD in a Brexit headline chop with a discount on the cards for bears. The 15-min chart displays a potential selling opportunity. GBP/USD is in a chop but could be about to pull in further offers to complete a downside extension to prior resistance turning support structure. 15-min chart As illi=ustrated, the price is now testing a critical resistance area and has left a wick on the downside. On the lower time frames,c such as the 5-min, this wick merely represents a bullish correction from which failures beyond 1.3580 could result in further selling pressures. If the bulls capitulate, then there are… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
