GBP/USD is rebounding from the lower end of its range. The level to beat for bulls is the 1.3036 resistance. GBP/USD daily chart After the October and December bull-run, the market is trading in a rectangle consolidation above the 100/200-day simple moving averages (SMAs). GBP/USD four-hour chart The pound is rebounding from the lower end of its range as the spot is challenging 1.3036 resistance. Bulls want to reach the 1.3070 and 1.3120 levels, according to the Technical Confluences Indicator. Support is seen at the 1.3010, 1.2967 and 1.2900 levels. Resistance: 1.3036, 1.3070, 1.3120 Support: 1.3010, 1.2967, 1.2900 Additional key levels 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 USD/CAD moves in on 1.33 resistance with coronavirus showing no signs of slowing FX Street 2 years GBP/USD is rebounding from the lower end of its range. The level to beat for bulls is the 1.3036 resistance. GBP/USD daily chart After the October and December bull-run, the market is trading in a rectangle consolidation above the 100/200-day simple moving averages (SMAs). GBP/USD four-hour chart The pound is rebounding from the lower end of its range as the spot is challenging 1.3036 resistance. Bulls want to reach the 1.3070 and 1.3120 levels, according to the Technical Confluences Indicator. Support is seen at the 1.3010, 1.2967 and 1.2900 levels. Resistance: 1.3036, 1.3070, 1.3120 … 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.
