The Sterling is on the bullish side after capturing the 1.32 major handle following a sip in the US Dollar thanks to positive trade talks between the US’ President Trump and the European Union’s Jean-Claude Juncker. Higher timeframes still sees the GBP/USD in a long-term downtrend until bulls can push the major pair into a new pattern of higher lows, which has yet to materialize on the Daily candles. Upside could prove to be limited despite this week’s bullish continuation. GBP/USD Chart, 15-Minute Spot rate: 1.3200 Relative change: 0.09% High: 1.3212 Low: 1.3181 Trend: Bullish Support 1: 1.3132 (previous day low) Support 2: 1.3070 (current week low) Support 3: 1.2956 (previous week low) Resistance 1: 1.3266 (July 17th swing high) Resistance 2: 1.3292 (previous week high) Resistance 3: 1.3361 (one month high) 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 NEO price analysis: NEO/USD tests waters above $35.00, but the long-term trend is still bearish FX Street 5 years The Sterling is on the bullish side after capturing the 1.32 major handle following a sip in the US Dollar thanks to positive trade talks between the US' President Trump and the European Union's Jean-Claude Juncker. Higher timeframes still sees the GBP/USD in a long-term downtrend until bulls can push the major pair into a new pattern of higher lows, which has yet to materialize on the Daily candles. Upside could prove to be limited despite this week's bullish continuation. GBP/USD Chart, 15-Minute Spot rate: 1.3200 Relative change: 0.09% High: 1.3212 Low: 1.3181 Trend:… 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.
