The Cable is consolidating the recent gains trading just below the 1.2900 handle. The level to beat for bulls is the 1.2900 figure followed by the 1.3000 round number. GBP/USD daily chart The Pound, on the daily time frame, is spiking above its main daily simple moving averages (DSMAs). GBP/USD is trading at levels last seen in mid-May 2019. GBP/USD four-hour chart GBP/USD is currently trading below the 1.2900 level. A break above this level is necessary for a re-test of the 1.3000 handle. GBP/USD 30-minute chart GBP/USD is trading above the main SMAs, suggesting bullish momentum in the near term. Support is seen at the 1.2840 and 1.2800 price levels, according to the Technical Confluences Indicator. 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 US Dollar Index weaker, tumbles to the 97.40 region FX Street 3 years The Cable is consolidating the recent gains trading just below the 1.2900 handle. The level to beat for bulls is the 1.2900 figure followed by the 1.3000 round number. GBP/USD daily chart The Pound, on the daily time frame, is spiking above its main daily simple moving averages (DSMAs). GBP/USD is trading at levels last seen in mid-May 2019. GBP/USD four-hour chart GBP/USD is currently trading below the 1.2900 level. A break above this level is necessary for a re-test of the 1.3000 handle. GBP/USD 30-minute chart … 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.
