​GBP/USD has risen by more than 90 pips

​GBP/USD has risen by more than 90 pips

The remarks by Nigel Farage during the Brexit party's election event have sent the British pound higher. Despite the disagreement with Boris Johnson's deal, Mr. Farage noted that the party would not contest 317 seats that Conservatives won during the last election.

On H4, GBP/USD has tested the 1.2897 resistance level above the crossover of 50- and 100- period SMAs. At first, bulls need to break the 1.2874 level. and push the cable towards 1.2897. The next resistance in focus will lie at 1.2926. If bears take over the market, the pair will slide downwards to the support at 1.2770.

GBPUSDH4.png

Similar

Boris Johnson drives the GBP up

The British pound has rallied versus the other major currencies on the growing expectations that Prime Minister Boris Johnson would win a majority at December 12 election.

gbp

Latest news

Boris Johnson drives the GBP up

The British pound has rallied versus the other major currencies on the growing expectations that Prime Minister Boris Johnson would win a majority at December 12 election.

gbp

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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