GBP/USD jumps as Johnson and Varadkar see pathway for a Brexit deal. GBP/USD is challenging the 1.2383 resistance. GBP/USD daily chart On the daily chart, the Cable is trading in a bear trend below the main daily simple moving averages (DSMAs). GBP/USD jumps as Johnson and Varadkar see pathway for a Brexit deal. GBP/USD four-hour chart GBP/USD is challenging the 1.2283 resistance and the 50 SMA as the market is rebounding from the October lows. A break above the current resistance can lead to further strength towards the 1.2320/35 resistance zone, according to the Technical Confluences Indicator. GBP/USD 30-minute chart The Sterling is trading above the main SMAs, suggesting bullish momentum in the near term. Support is seen at the 1.2253 and 1.2226 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 Forex News Today: Daily Trading News share Read Next EUR/USD technical analysis: Euro easing from three-week highs, trading sub-1.1025 level FX Street 4 years GBP/USD jumps as Johnson and Varadkar see pathway for a Brexit deal. GBP/USD is challenging the 1.2383 resistance. GBP/USD daily chart On the daily chart, the Cable is trading in a bear trend below the main daily simple moving averages (DSMAs). GBP/USD jumps as Johnson and Varadkar see pathway for a Brexit deal. GBP/USD four-hour chart GBP/USD is challenging the 1.2283 resistance and the 50 SMA as the market is rebounding from the October lows. A break above the current resistance can lead to further strength towards the 1.2320/35 resistance zone,… 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.