“¢ The pair continued gaining strong positive traction the mid-European session on Tuesday and climbed further beyond the 1.3200 handle, hitting the highest level since mid-October. “¢ Hope for either a Brexit extension or that the UK PM May might rule out a no-deal Brexit outcome turned out to be one of the key factors fueling the ongoing strong positive momentum. “¢ Meanwhile, a sustained move beyond the 1.3100 handle was seen as a key trigger for intraday bullish traders and behind a strong 140-pips intraday up-move to levels beyond the 1.3200 mark. “¢ However, slightly overstretched technical indicators on hourly charts kept a lid on any strong follow-through ahead of the UK PM Theresa May’s statement in the parliament later today. “¢ Any positive headlines might be enough to provide an additional boost and easily lift the pair further beyond the 1.3250-60 intermediate hurdle towards reclaiming the 1.3300 handle. GBP/USD 1-hourly chart GBP/USD Overview: Today Last Price: 1.3199 Today Daily change %: 0.75% Today Daily Open: 1.3101 Trends: Daily SMA20: 1.2986 Daily SMA50: 1.2877 Daily SMA100: 1.2879 Daily SMA200: 1.2993 Levels: Previous Daily High: 1.3115 Previous Daily Low: 1.3051 Previous Weekly High: 1.3109 Previous Weekly Low: 1.2891 Previous Monthly High: 1.3214 Previous Monthly Low: 1.2438 Daily Fibonacci 38.2%: 1.309 Daily Fibonacci 61.8%: 1.3075 Daily Pivot Point S1: 1.3063 Daily Pivot Point S2: 1.3025 Daily Pivot Point S3: 1.3 Daily Pivot Point R1: 1.3127 Daily Pivot Point R2: 1.3153 Daily Pivot Point R3: 1.3191 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 PBoC: Fending off financial risks is still a difficult task FX Street 4 years "¢ The pair continued gaining strong positive traction the mid-European session on Tuesday and climbed further beyond the 1.3200 handle, hitting the highest level since mid-October. "¢ Hope for either a Brexit extension or that the UK PM May might rule out a no-deal Brexit outcome turned out to be one of the key factors fueling the ongoing strong positive momentum. "¢ Meanwhile, a sustained move beyond the 1.3100 handle was seen as a key trigger for intraday bullish traders and behind a strong 140-pips intraday up-move to levels beyond the 1.3200 mark.… 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.
