The cable is starting the week with a small recovery, which aimed at the 1.2900 handle. The level to beat for buyers is the 1.2900/1.2916 resistance zone. GBP/USD daily chart GBP/USD is battling for the 1.2900 handle as the market is chopping in November. The market keeps an underlying bullish bias while trading above the main daily simple moving averages (DMAs). GBP/USD four-hour chart The spot is trading above a rising 200 SMA, suggesting bullish momentum. A break above the 1.2900/1.2916 resistance zone is necessary to trigger further gains towards the 1.2964/1.3000 resistance zone, according to the Technical Confluences Indicator. GBP/USD 30-minute chart GBP/USD is starting the week with an attempt at regaining the 1.2900/1.2916 resistance zone. Bulls seem to be in control for the time being. Support is seen at the 1.2870 and 1.2820 price levels. 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 New Zealand make an arrest and seize $6.7 million in cryptocurrency FX Street 3 years The cable is starting the week with a small recovery, which aimed at the 1.2900 handle. The level to beat for buyers is the 1.2900/1.2916 resistance zone. GBP/USD daily chart GBP/USD is battling for the 1.2900 handle as the market is chopping in November. The market keeps an underlying bullish bias while trading above the main daily simple moving averages (DMAs). GBP/USD four-hour chart The spot is trading above a rising 200 SMA, suggesting bullish momentum. A break above the 1.2900/1.2916 resistance zone is necessary to trigger further gains towards the 1.2964/1.3000 resistance zone, according… 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.
