The past twenty-four hours have seen the GBP/USD take steps higher, largely fueled by staunch hopes for a last-minute Brexit deal, but 1.3100 is proving to be something of a bear trap heading into the mid-week inflection point. GBP/USD Forecast: Bulls add Mid-Terms on top of Brexit hopes, 1.3250 eyed GBP/USD M5 This week has marked an easy gainer for the Cable, lifting from opening prices near 1.3020, and sequential higher lows and providing a nice jumping-off point for reloading buys. GBP/USD M15 Despite recent bullish moves, the Cable market has been decidedly one-sided, with Brexit-hopeful bidders keeping the Sterling aloft from a recent bottom of 1.2700, and GBP/USD traders should be increasingly fearful of reality crashing in once again as the Cable heads for near-term highs at the 1.3200 handle. GBP/USD H1 GBP/USD Overview:     Last Price:  1.3116     Daily change:  19  pips     Daily change:  0.145%     Daily Open:  1.3097 Trends:     Daily SMA20:  1.2998     Daily SMA50:  1.3029     Daily SMA100:  1.3039     Daily SMA200:  1.3419 Levels:     Daily High:  1.31     Daily Low:  1.3021     Weekly High:  1.3042     Weekly Low:  1.2696     Monthly High:  1.326     Monthly Low:  1.2696     Daily Fibonacci 38.2%:  1.307     Daily Fibonacci 61.8%:  1.3051     Daily Pivot Point S1:  1.3045     Daily Pivot Point S2:  1.2993     Daily Pivot Point S3:  1.2966     Daily Pivot Point R1:  1.3125     Daily Pivot Point R2:  1.3152     Daily Pivot Point R3:  1.3204  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 US: No more fiscal stimulus with escalating trade war – Nordea Markets FX Street 4 years The past twenty-four hours have seen the GBP/USD take steps higher, largely fueled by staunch hopes for a last-minute Brexit deal, but 1.3100 is proving to be something of a bear trap heading into the mid-week inflection point. GBP/USD Forecast: Bulls add Mid-Terms on top of Brexit hopes, 1.3250 eyed GBP/USD M5 This week has marked an easy gainer for the Cable, lifting from opening prices near 1.3020, and sequential higher lows and providing a nice jumping-off point for reloading buys. GBP/USD M15 Despite recent bullish moves, the Cable market has been decidedly one-sided, with Brexit-hopeful bidders keeping the Sterling… 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.
