The cable is about to end the day virtually unchanged above the 1.2900 handle. Support is seen at 1.2910 and 1.2890 levels. FOMC minutes: Most policymakers said rate cut was warranted due to global weakness. GBP/USD daily chart Sterling/Dollar is consolidating last month’s rally in the 1.2800-1.3000 price zone. GBP/USD, last month, reached levels not seen since mid-May 2019. FOMC minutes: Most policymakers said rate cut was warranted due to global weakness. GBP/USD four-hour chart The market is trading above the 1.2900 handle and the main SMAs, suggesting bullish momentum in the medium term. Buyers will likely try to retake the 1.2940 and 1.2957 resistances on the way up, according to the Technical Confluences Indicator. Further up lie the 1.2986 level. GBP/USD 30-minute chart The market is trading just above the 50 and 200 SMAs, suggesting a bullish bias in the near term. Support is seen at the 1.2910, 1.2890 and 1.2870 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 CFTC Chairman Heath Tarbert is still bullish on Bitcoin and blockchain FX Street 3 years The cable is about to end the day virtually unchanged above the 1.2900 handle. Support is seen at 1.2910 and 1.2890 levels. FOMC minutes: Most policymakers said rate cut was warranted due to global weakness. GBP/USD daily chart Sterling/Dollar is consolidating last month's rally in the 1.2800-1.3000 price zone. GBP/USD, last month, reached levels not seen since mid-May 2019. FOMC minutes: Most policymakers said rate cut was warranted due to global weakness. GBP/USD four-hour chart The market is trading above the 1.2900 handle and the main SMAs, suggesting bullish momentum in the medium term.… 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.
