GBP/USD is having a pullback after trading near the daily highs as it found resistance a few pips below the 1.3155 resistance level. Nothing indicates that the bullish pressure should abate. The 50 and 100-period simple moving averages (SMA) crossed above the 200 SMA confirming the current bullish bias. The key resistance to the upside is the 1.3155 level followed by the 1.3200 figure while support is likely located near 1.3100-1.3076 area. GBP/USD 15-minute chart Spot rate: 1.3141 Relative change: 0.3% High: 1.3153 Low: 1.3097 Trend: Bearish / Bullish correction Resistance 1: 1.3155 former breakout point Resistance 2: 1.3200 figure Resistance 3: 1.3230 supply levelResistance 4: 1.3250 June 4 high Support 1: 1.3100-1.3076 area, figure and weekly low Support 2: 1.3049 June 28 low Support 3: 1.3010 July 18 low Support 4: 1.2957 current 2018 low Support 5: 1.2908 September 5, 2017 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 Litecoin Technical Analysis: LTC/USD bulls come back out to play, after bears run price into oversold territory FX Street 5 years GBP/USD is having a pullback after trading near the daily highs as it found resistance a few pips below the 1.3155 resistance level. Nothing indicates that the bullish pressure should abate. The 50 and 100-period simple moving averages (SMA) crossed above the 200 SMA confirming the current bullish bias. The key resistance to the upside is the 1.3155 level followed by the 1.3200 figure while support is likely located near 1.3100-1.3076 area. GBP/USD 15-minute chart Spot rate: 1.3141 Relative change: 0.3% 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.
