GBP/USD is retracing mildly, now below the 1.3000 figure after the London close. The level to beat for bulls is the 1.3025 resistance. Brexit headlines remain the main drivers of the currency pair. GBP/USD daily chart The Pound, on the daily chart, is spiking above its main daily simple moving averages (DSMAs) while trading at levels not seen since mid-May 2019. The Brexit deal optimism is behind the GBP euphoria of the last weeks. GBP/USD four-hour chart The Cable is trading in a bull channel above its main SMAs. A break above 1.3025 resistance can drive the market towards 1.3085 and 1.3140 resistances, according to the Technical Confluences Indicator. GBP/USD 30-minute chart GBP/USD is trading above its main SMAs, suggesting bullish momentum in the near term. Support is seen at 1.2950/33 zone and the 1.2906 price level, 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 BTC/USD technical analysis: Bulls stopped in their tracks just ahead of 8,350 FX Street 3 years GBP/USD is retracing mildly, now below the 1.3000 figure after the London close. The level to beat for bulls is the 1.3025 resistance. Brexit headlines remain the main drivers of the currency pair. GBP/USD daily chart The Pound, on the daily chart, is spiking above its main daily simple moving averages (DSMAs) while trading at levels not seen since mid-May 2019. The Brexit deal optimism is behind the GBP euphoria of the last weeks. GBP/USD four-hour chart The Cable is trading in a bull channel above its main SMAs. A… 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.
