GBP/USD losing almost 100 pips from daily highs as British Foreign Secretary Boris Johnson resigns. The damage bears have inflicted is quite solid and bulls will need to gather lots of strength to keep the market from falling further. GBP/USD is currently holding above the 200-period simple moving avearge however a breakout below it and the 1.3250 level might induce bulls to sell their short positions after the 100-pip sell-off. GBP/USD 15-minute chart Spot rate: 1.3274 Relative change: 0.10% High: 1.3363 Low: 1.3259 Trend: Neutral Resistance 1: 1.3300-1.3314 June 22 swing high Resistance 2: 1.3350 figure Resistance 3: 1.3400 figure Resistance 4: 1.3472 June’s high Support 1: 1.3250 June 4 high Support 2: 1.3200 figure Support 3: 1.3155 former breakout point Support 4: 1.3100 figure Support 5: 1.3049 current 2018 low Support 6: 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 GBP/USD plummets to lows near 1.3240 as B.Johnson resigns FX Street 3 years GBP/USD losing almost 100 pips from daily highs as British Foreign Secretary Boris Johnson resigns. The damage bears have inflicted is quite solid and bulls will need to gather lots of strength to keep the market from falling further. GBP/USD is currently holding above the 200-period simple moving avearge however a breakout below it and the 1.3250 level might induce bulls to sell their short positions after the 100-pip sell-off. GBP/USD 15-minute chart Spot rate: 1.3274 Relative change: 0.10% High: … Top 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.
