GBP/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart. GBP/USD bears gave no respite to Cable which is dropping to 1.2700 figure now only a handful of pips away from the 2018 low at 1.2660. GBP/USD might consolidate some losses but remain fragile for another potential for to 1.2660. Near-term supports can be seen near 1.2700 figure while resistances can be located near 1.2750 and 1.2800 figure. GBP/USD 4-hour chart Main trend: Bearish Resistance 1: 1.2750 figure Resistance 2: 1.2800 figure Resistance 3: 1.2854 October 29 Resistance 4: 1.2900 figure Resistance 5: 1.2921 October 4 low Support 1: 1.2700 figure Support 2: 1.2660 August low (2018 low) Support 3: 1.2589 June 21, 2017 Additional key levels at a glance: GBP/USD Overview: Last Price: 1.271 Daily change: -83 pips Daily change: -0.649% Daily Open: 1.2793 Trends: Daily SMA20: 1.3034 Daily SMA50: 1.3022 Daily SMA100: 1.306 Daily SMA200: 1.3453 Levels: Daily High: 1.2854 Daily Low: 1.2792 Weekly High: 1.3092 Weekly Low: 1.2777 Monthly High: 1.33 Monthly Low: 1.2786 Daily Fibonacci 38.2%: 1.2816 Daily Fibonacci 61.8%: 1.2831 Daily Pivot Point S1: 1.2772 Daily Pivot Point S2: 1.2751 Daily Pivot Point S3: 1.2709 Daily Pivot Point R1: 1.2834 Daily Pivot Point R2: 1.2876 Daily Pivot Point R3: 1.2897 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 Ripple’s XRP daily chart analysis review, XRP/USD still demonstrates bullish qualities FX Street 4 years GBP/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart. GBP/USD bears gave no respite to Cable which is dropping to 1.2700 figure now only a handful of pips away from the 2018 low at 1.2660. GBP/USD might consolidate some losses but remain fragile for another potential for to 1.2660. Near-term supports can be seen near 1.2700 figure while resistances can be located near 1.2750 and 1.2800 figure. GBP/USD 4-hour chart Main trend: Bearish Resistance 1: … 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.
