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GBP/USD Technical Analysis: Cable dropping fast as bears eye 1.3100 figure


GBP/USD 15-minute chart 

Spot rate:               1.3154
Relative change:    -0.61%     
High:                      1.3270
Low:                       1.3144

Trend:                    Bearish

Resistance 1:        1.3155 former breakout point
Resistance 2:        1.3200 figure
Resistance 3:        1.3225 intraday swing low 
Resistance 4:        1.3250 June 4 high 
Resistance 5:        1.3300 figure
Resistance 6:        1.3363 last week’s high
Resistance 7:        1.3400 figure
Resistance 8:        1.3472 June’s high

Support 1:             1.3100 figure
Support 2:             1.3049 current 2018 low
Support 3:             1.3027 October 6, 2017 swing low:

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