GBP/USD is up almost 60 pips from the daily low at 1.3010, the current 2018 low established earlier in the day. GBP/USD bulls are trying to create a bullish reversal. The next scaling point to the upside is seen near the key 1.3100 figure. A breakout above the level would open the gates to 1.3155 resistance. However, a failure to bring the market above 1.3100 should keep GBP/USD under pressure. GBP/USD 15-minute chart Spot rate: 1.3063 Relative change: -0.41% High: 1.3120 Low: 1.3010 Trend: Bearish / bullish reversal attempt Resistance 1: 1.3100 figure Resistance 2: 1.3155 former breakout point Resistance 3: 1.3200 figure Resistance 4: 1.3225 intraday swing low Resistance 5: 1.3250 June 4 high Resistance 6: 1.3300 figure Resistance 7: 1.3363 last week’s high Resistance 8: 1.3400 figureResistance 9: 1.3472 June’s high Support 1: 1.3049 former 2018 low Support 2: 1.3010 current 2018 low Support 3: 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 NZD/USD recovers to 0.68, struggles to stretch higher as DXY steadies below 95 FX Street 5 years GBP/USD is up almost 60 pips from the daily low at 1.3010, the current 2018 low established earlier in the day. GBP/USD bulls are trying to create a bullish reversal. The next scaling point to the upside is seen near the key 1.3100 figure. A breakout above the level would open the gates to 1.3155 resistance. However, a failure to bring the market above 1.3100 should keep GBP/USD under pressure. GBP/USD 15-minute chart Spot rate: 1.3063 Relative change: -0.41% 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.
