- GBP/USD weakens below 1.2700.
- The level to beat for bears is 1.2650.
GBP/USD daily chart
GBP/USD is consolidating after the selloff seen in May.
GBP/USD 4-hour chart
The market is trading below 1.2700 and its main simple moving averages (SMAs).
GBP/USD 30-minute chart
The range remains intact as Cable is trading between the 1.2650 and 1.2750 levels. Bears need a break below 1.2650 to reach 1.2600. Resistance is at 1.2750 and 1.2800 figure.
Additional key levels
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