GBP/USD is trading in a bull trend as it is evolving above its 50, 100 and 200-period. GBP/USD broke above a bull flag (blue lines) and now broke above the 1.3100 figure. The picture remains bullish on GBP/USD as long as the market trade above 1.2957-1.3000 figure. Bulls are now closer to the 1.3200 target as 1.3300 will become the next challenge for buyers. GBP/USD 4-hour chart Spot rate: 1.3138 Relative change: 0.38% High: 1.3149 Low: 1.3033 Main trend: Bullish Resistance 1: 1.3150 September 21 low Resistance 2: 1.3200 figure Resistance 3: 1.3300 figure Support 1: 1.3100 figure Support 2: 1.3050 August 30 swing high, key level Support 3: 1.3028 October 8 low Support 4: 1.3000 figure Support 5: 1.2957 July 19 swing low Support 6: 1.2900 figure 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 EU banking supervisors: No cause for alarm in Italian banks’ liquidity levels – Reuters FX Street 4 years GBP/USD is trading in a bull trend as it is evolving above its 50, 100 and 200-period. GBP/USD broke above a bull flag (blue lines) and now broke above the 1.3100 figure. The picture remains bullish on GBP/USD as long as the market trade above 1.2957-1.3000 figure. Bulls are now closer to the 1.3200 target as 1.3300 will become the next challenge for buyers. GBP/USD 4-hour chart Spot rate: 1.3138 Relative change: 0.38% 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.
