GBP/USD is currently trading near its daily lows as it is challenging Tuesday’s low at 1.3223 and the bullish trendline since June 28. GBP/USD is struggling to build any convincing bullish momentum as the US Dollar is having a boost across the board, especially against the Yen. A strong breakout below the current weekly low near 1.3200 should confirm the bearish bias and open the gates to 1.3155 former breakout point and 1.3100 figure. GBP/USD 15-minute chart Spot rate: 1.3214 Relative change: -0.46% High: 1.3286 Low: 1.3206 Trend: Neutral to bearish Resistance 1: 1.3250 June 4 high Resistance 2: 1.3300 figure Resistance 3: 1.3363 weekly high Resistance 4: 1.3400 figureResistance 5: 1.3472 June’s high Support 1: 1.3200 figure Support 2: 1.3155 former breakout point Support 3: 1.3100 figure Support 4: 1.3049 current 2018 low Support 5: 1.3027 October 6, 2017 swing low 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 USD/JPY touches 112 for the first time since Jan. as DXY rallies to mid-94s FX Street 4 years GBP/USD is currently trading near its daily lows as it is challenging Tuesday's low at 1.3223 and the bullish trendline since June 28. GBP/USD is struggling to build any convincing bullish momentum as the US Dollar is having a boost across the board, especially against the Yen. A strong breakout below the current weekly low near 1.3200 should confirm the bearish bias and open the gates to 1.3155 former breakout point and 1.3100 figure. GBP/USD 15-minute chart Spot rate: 1.3214 Relative change: -0.46% 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.
