Cable is trading at daily lows and attempting to break the 1.3000 figure. Brexit drama continues to weigh on the Pound. GBP/USD daily chart GBP/USD is down for the third consecutive days as as the United Kingdom’s government and the opposition have been unable to reach an agreement. GBP/USD 4-hour chart Bears have erased the gains made last Friday on the US Nonfarm Payrolls. GBP/USD is trading below its main SMAs suggesting bearish momentum in the medium term. GBP/USD 30-minute chart GBP/USD is trading below its main SMAs suggesting bearish momentum in the short-term. If bears can break 1.2990 support then 1.2940 and 1.2900 figure can be on the cards for sellers. Immediate resistances are at 1.3030 and 1.3070 level. 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 EUR/USD remains stuck in daily range, waits for next catalyst around 1.12 FX Street 3 years Cable is trading at daily lows and attempting to break the 1.3000 figure. Brexit drama continues to weigh on the Pound. GBP/USD daily chart GBP/USD is down for the third consecutive days as as the United Kingdom's government and the opposition have been unable to reach an agreement. GBP/USD 4-hour chart Bears have erased the gains made last Friday on the US Nonfarm Payrolls. GBP/USD is trading below its main SMAs suggesting bearish momentum in the medium term. GBP/USD 30-minute chart GBP/USD is trading below its main SMAs suggesting bearish momentum in the short-term. If bears can break 1.2990 support… 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.