GBP/USD reversed all its losses made previously on Friday and is set to end the day 0.22% in the green. GBP/USD has cleared the 1.3200 resistance and is less than 20 pips away from the 1.3250 resistance. The 50-period simple period moving average is about to cross above the 100-period SMA suggesting that bullish momentum is building up. Next week bulls will set their eyes on the 1.3300 figure and 1.3363 the current weekly high. GBP/USD 15-minute chart Spot rate: 1.3234 Relative change: 0.22% High: 1.3236 Low: 1.3102 Trend: Bullish Resistance 1: 1.3250 June 4 high Resistance 2: 1.3300 figure Resistance 3: 1.3363 weekly high Resistance 4: 1.3400 figure Resistance 5: 1.3472 June’s high Support 1: 1.3200 figure Support 2: 1.3155 former breakout point Support 3: 1.3100 figure Support 4: 1.3049 current 2018 low Support 5: 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 Wall Street ends the week with modest gains despite mixed financials earnings FX Street 5 years GBP/USD reversed all its losses made previously on Friday and is set to end the day 0.22% in the green. GBP/USD has cleared the 1.3200 resistance and is less than 20 pips away from the 1.3250 resistance. The 50-period simple period moving average is about to cross above the 100-period SMA suggesting that bullish momentum is building up. Next week bulls will set their eyes on the 1.3300 figure and 1.3363 the current weekly high. GBP/USD 15-minute chart Spot rate: 1.3234 Relative change: 0.22% High: … 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.
