GBP/USD Technical Analysis: Symmetrical Triangle, with support above 1.3240
|- GBP/USD consolidating above 1.3240, making lower highs and higher lows in the very short-term.
- Price holding above an uptrend line that supports upside bias while above 1.3240, a break lower to favor a test of 1.3200.
- Immediate resistance at 1.3280: above price likely to challenge 1.3300 and a daily close above the mentioned area to signal more gains ahead.
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Spot rate: 1.3267
Relative change: 0.06%
High: 1.3302
Low: 1.3223
Trend: Neutral
Resistance 1: 1.3280
Resistance 2: 1.3300
Resistance 3: 1.3353
Support 1: 1.3240
Support 2: 1.3220
Support 3: 1.3200
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