GBP/USD is back to 1.2800 after jumping to 1.2500 earlier in the New York session. The bull trend remains intact above the 1.2600 figure. GBP/USD daily chart The Pound, on the daily chart, is trading above the 200-day simple moving average (DSMA). Earlier in the New York session, GBP/USD leaped above 1.2800 as DUP (Democratic Unionist Party) reportedly accepted Brexit proposals on consent. GBP/USD four-hour chart GBP/USD is easing from the daily highs, now battling with the 1.2800 handle while trading above the main SMAs. If bulls keep the pressure, the next main resistances can be seen at the 1.2900 and 1.3000 figures. GBP/USD 30-minute chart GBP/USD is trading above the main SMAs, suggesting bullish momentum in the near term. Support is at the 1.2800 and 1.2700 figure, according to the Technical Confluences Indicator. A daily close below the 1.2600 figure could switch the bias to bearish. 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 Litecoin technical analysis: LTC/USD pychological $50 is under threat FX Street 4 years GBP/USD is back to 1.2800 after jumping to 1.2500 earlier in the New York session. The bull trend remains intact above the 1.2600 figure. GBP/USD daily chart The Pound, on the daily chart, is trading above the 200-day simple moving average (DSMA). Earlier in the New York session, GBP/USD leaped above 1.2800 as DUP (Democratic Unionist Party) reportedly accepted Brexit proposals on consent. GBP/USD four-hour chart GBP/USD is easing from the daily highs, now battling with the 1.2800 handle while trading above the main SMAs. If bulls keep the pressure, the… 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.
