GBP/USD: 34 Moving Average acted as support

GBP/USD: 34 Moving Average acted as support

4-2-2019-GBP-H4.png

The market is consolidating between the levels 1.3047 - 1.3114. Also, the 34 Moving Average has acted as support. Meanwhile, it's likely that the pair is going to test the next support at 1.3011. The subsequent pullback from this line could be a starting point for another upward price movement towards the nearest resistance at 1.3174 - 1.3193.

4-2-2019-GBP-H1.png

There's consolidation, which is taking place under the Moving Averages. The main intraday target is the closest resistance at 1.3109 - 1.3149. If a pullback from this area happens next, bears will probably try to achieve the nearest support at 1.3011 - 1.2999.

gbp

Similar

Latest news

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera