The cable is trading at weekly highs in the New York session. The level to beat for bulls is the 1.2964 resistance. GBP/USD daily chart The Sterling is clinging to the November highs approaching the 1.3000 handle while above its main daily simple moving averages (DMAs). GBP/USD four-hour chart The market is challenging the 1.2964 resistance while trading above its main SMAs, suggesting bullish momentum in the medium term. A break above the resistance level can lead to further strength towards the 1.3012 and 1.3093 price levels, according to the Technical Confluences Indicator GBP/USD 30-minute chart The market is trading just above the main SMAs, suggesting a bullish bias in the near term. Support is seen at the 1.2918, 1.2877 and 1.2824 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 GBP/USD could still attempt a test of 1.30 and above – UOB FX Street 3 years The cable is trading at weekly highs in the New York session. The level to beat for bulls is the 1.2964 resistance. GBP/USD daily chart The Sterling is clinging to the November highs approaching the 1.3000 handle while above its main daily simple moving averages (DMAs). GBP/USD four-hour chart The market is challenging the 1.2964 resistance while trading above its main SMAs, suggesting bullish momentum in the medium term. A break above the resistance level can lead to further strength towards the 1.3012 and 1.3093 price levels, according to the Technical Confluences Indicator … 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.
