The GBP/USD pair is seeing a quick drop into the 1.2775 region as the European continent begins to come online, and early trades are suggesting that the US Dollar could be popular today. Brexit excitement aside, the Cable is primed for an intraday drop after posting a lower swing high on the intraday, clipping into 1.2820 before declining in fresh Greenback bidding. GBP/USD Chart, 5-Minute Brexit tensions have kept the Cable in a volatile, trendless range since mid-November, but new Dollar bidding could send the GBP/USD into new lows at the 1.2700 region if selling power continues. GBP/USD Chart, 30-Minute Over the past month and a half, the Cable has found itself constrained within a tightening sideways triangle, and a break low will see GBP bears primed for a continued slide beyond October’s lows at the 1.2700 handle. GBP/USD Chart, 4-Hour GBP/USD Overview:     Today Last Price:  1.2781     Today Daily change:  -32  pips     Today Daily change %:  -0.250%     Today Daily Open:  1.2813 Trends:     Previous Daily SMA20:  1.2905     Previous Daily SMA50:  1.3     Previous Daily SMA100:  1.2995     Previous Daily SMA200:  1.3341 Levels:     Previous Daily High:  1.2866     Previous Daily Low:  1.2796     Previous Weekly High:  1.2928     Previous Weekly Low:  1.2764     Previous Monthly High:  1.326     Previous Monthly Low:  1.2696     Previous Daily Fibonacci 38.2%:  1.2822     Previous Daily Fibonacci 61.8%:  1.2839     Previous Daily Pivot Point S1:  1.2784     Previous Daily Pivot Point S2:  1.2755     Previous Daily Pivot Point S3:  1.2714     Previous Daily Pivot Point R1:  1.2854     Previous Daily Pivot Point R2:  1.2894     Previous Daily Pivot Point R3:  1.2923  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 Italy’s Eurosceptic Senator Bagnai: Government needs to boost consumer demand, investment FX Street 4 years The GBP/USD pair is seeing a quick drop into the 1.2775 region as the European continent begins to come online, and early trades are suggesting that the US Dollar could be popular today. Brexit excitement aside, the Cable is primed for an intraday drop after posting a lower swing high on the intraday, clipping into 1.2820 before declining in fresh Greenback bidding. GBP/USD Chart, 5-Minute Brexit tensions have kept the Cable in a volatile, trendless range since mid-November, but new Dollar bidding could send the GBP/USD into new lows at the 1.2700 region if selling power continues. GBP/USD Chart, 30-Minute… 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.
