“¢ The pair faced rejection near the 1.3300 handle at the start of a new trading week and tumbled to fresh session lows, below mid-1.3200s in the last hour. “¢ The pair’s inability to capitalize on Friday’s goodish up-move and a subsequent sharp retracement slide clearly point to persistent selling bias at higher levels. “¢ An intraday dip below 50-hour SMA might be seen as a key trigger for bearish traders amid a flurry of incoming negative Brexit-related headlines. “¢ Technical indicators on the 1-hourly chart have been gaining negative momentum and support prospects for a further slide towards challenging 100-hour SMA. “¢ However, oscillators on 4-hourly/daily charts are still holding in the bullish territory, though have started losing traction, and thus, warrant some caution. GBP/USD 1-hourly chart GBP/USD Overview: Today Last Price: 1.3251 Today Daily change: -43 pips Today Daily change %: -0.32% Today Daily Open: 1.3294 Trends: Daily SMA20: 1.3149 Daily SMA50: 1.3024 Daily SMA100: 1.2899 Daily SMA200: 1.2982 Levels: Previous Daily High: 1.3302 Previous Daily Low: 1.3203 Previous Weekly High: 1.3384 Previous Weekly Low: 1.296 Previous Monthly High: 1.3351 Previous Monthly Low: 1.2773 Daily Fibonacci 38.2%: 1.3264 Daily Fibonacci 61.8%: 1.3241 Daily Pivot Point S1: 1.3231 Daily Pivot Point S2: 1.3168 Daily Pivot Point S3: 1.3133 Daily Pivot Point R1: 1.333 Daily Pivot Point R2: 1.3365 Daily Pivot Point R3: 1.3428 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 UK ForeignMin Hunt: Risk of a no deal Brexit has receded FX Street 4 years "¢ The pair faced rejection near the 1.3300 handle at the start of a new trading week and tumbled to fresh session lows, below mid-1.3200s in the last hour. "¢ The pair's inability to capitalize on Friday's goodish up-move and a subsequent sharp retracement slide clearly point to persistent selling bias at higher levels. "¢ An intraday dip below 50-hour SMA might be seen as a key trigger for bearish traders amid a flurry of incoming negative Brexit-related headlines. "¢ Technical indicators on the 1-hourly chart have been gaining negative momentum and… 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.
