GBP/USD Technical Analysis: Cable currently supported at 1.3250
|- GBP/USD failed to break above the 1.3300 level following the 210-pip bull run of the last two days. Cable is trading above the 200-period simple moving averages (SMA) on the 15-minute time-frame suggesting a mild bullish bias.
- GBP/USD is currently testing the 1.3250 support. A break of the level could lead to a retest of the 1.3200 figure.
Spot rate: 1.3272
Relative change: 0.24%
High: 1.3316
Low: 1.3238
Trend: Neutral
Resistance 1: 1.3300 key support
Resistance 2: 1.3350 figure
Resistance 3: 1.3400 figure
Support 1: 1.3250 figure
Support 2: 1.3200-1.3214 area, figure and Wednesday’s high
Support 3: 1.3146, current 2018 low
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