GBP/USD had the worst daily close since mid-July as the pair is trading just above 1.3010 July 18 low. GBP/USD gained some bearish momentum this Thursday and the breakout below 1.3010 becomes almost bound to happen with bears looking at 1.2957, the current 2018 low. Investors will pay attention to the US Nonfarm Payrolls and the Average Hourly Earnings on Friday at 12:30 GMT which can potentially lead to further volatility in the currency pair. GBP/USD 15-minute chart Spot rate: 1.3017 Relative change: -0.85% High: 1.3129 Low: 1.3015 Trend: Bearish Resistance 1: 1.3049 June 28 low Resistance 2: 1.3100-1.3076 area, figure and July 24 low Resistance 3: 1.3155 former breakout point Resistance 4: 1.3200 figure Resistance 5: 1.3230 supply levelResistance 6: 1.3250 June 4 high Support 1: 1.3010 July 18 low Support 2: 1.2957 current 2018 low Support 3: 1.2900 figure 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 NZD/USD: US dollar surges across the board and kiwi on way to 2018 lows FX Street 5 years GBP/USD had the worst daily close since mid-July as the pair is trading just above 1.3010 July 18 low. GBP/USD gained some bearish momentum this Thursday and the breakout below 1.3010 becomes almost bound to happen with bears looking at 1.2957, the current 2018 low. Investors will pay attention to the US Nonfarm Payrolls and the Average Hourly Earnings on Friday at 12:30 GMT which can potentially lead to further volatility in the currency pair. GBP/USD 15-minute chart Spot rate: 1.3017 Relative change: -0.85% 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.
