The Cable is constrained by the 1.31 technical handle in early consolidation as traders look for a breakout. A rising trendline from near-term lows coincides with a rising 200-hour EMA from 1.3070 providing support, while resistance sits at the week’s peak of 1.3130. Medium-term, the US Dollar remains well-bid, and Sterling bulls should use caution when buying against the crowd, especially as Brexit headlines threaten to shake out Cable bids once more. GBP/USD Chart, 15-Minute GBP/USD Overview: Last Price: 1.31 Daily change: 10 pips Daily change: 0.0764% Daily Open: 1.309 Trends: Daily SMA20: 1.3091 Daily SMA50: 1.2972 Daily SMA100: 1.3108 Daily SMA200: 1.3498 Levels: Daily High: 1.3134 Daily Low: 1.3028 Weekly High: 1.3123 Weekly Low: 1.2922 Monthly High: 1.33 Monthly Low: 1.2897 Daily Fibonacci 38.2%: 1.3069 Daily Fibonacci 61.8%: 1.3094 Daily Pivot Point S1: 1.3034 Daily Pivot Point S2: 1.2978 Daily Pivot Point S3: 1.2927 Daily Pivot Point R1: 1.314 Daily Pivot Point R2: 1.319 Daily Pivot Point R3: 1.3246 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 IMF cuts its estimate of world economic growth – Danske Bank FX Street 4 years The Cable is constrained by the 1.31 technical handle in early consolidation as traders look for a breakout. A rising trendline from near-term lows coincides with a rising 200-hour EMA from 1.3070 providing support, while resistance sits at the week's peak of 1.3130. Medium-term, the US Dollar remains well-bid, and Sterling bulls should use caution when buying against the crowd, especially as Brexit headlines threaten to shake out Cable bids once more. GBP/USD Chart, 15-Minute GBP/USD Overview: Last Price: 1.31 Daily change: 10 pips Daily change: 0.0764% Daily… 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.
