GBP/USD is currently breaking out below the 1.3200 after an attempt above 1.3250 in early Europe. The next targets to the downside are likely located near 1.3100 figure and 1.3049 current 2018 low while resistances are seen near 1.3155 and 1.3200. UK’s political turmoil is hurting GBP – UK: Labour puts May in tough spot as it backs amendment to keep UK in customs union – The Telegraph. Fed’s Powell speech is likely going to add to the volatility, it is scheduled at 13:45 GMT. GBP/USD 15-minute chart Spot rate: 1.3154 Relative change: -0.61% High: 1.3270 Low: 1.3144 Trend: Bearish Resistance 1: 1.3155 former breakout point Resistance 2: 1.3200 figure Resistance 3: 1.3225 intraday swing low Resistance 4: 1.3250 June 4 high Resistance 5: 1.3300 figure Resistance 6: 1.3363 last week’s high Resistance 7: 1.3400 figure Resistance 8: 1.3472 June’s high Support 1: 1.3100 figure Support 2: 1.3049 current 2018 low Support 3: 1.3027 October 6, 2017 swing low: 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/RUB potential for a drop to the 59.00 area – Danske Bank FX Street 5 years GBP/USD is currently breaking out below the 1.3200 after an attempt above 1.3250 in early Europe. The next targets to the downside are likely located near 1.3100 figure and 1.3049 current 2018 low while resistances are seen near 1.3155 and 1.3200. UK's political turmoil is hurting GBP - UK: Labour puts May in tough spot as it backs amendment to keep UK in customs union - The Telegraph. Fed's Powell speech is likely going to add to the volatility, it is scheduled at 13:45 GMT. GBP/USD 15-minute chart Spot rate: 1.3154 Relative… 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.