GBP/USD Technical Analysis: Cable en route to best daily advance since mid-March

• GBP/USD is up about 130 pips this Friday and is now testing the 1.3200 figure.  
• Although the main trend is bearish the current correction is rather strong and some bullishness might persist in the coming days especially if GBP/USD trades above 1.3200.
• Resistances to the upside are seen near 1.3256, intraday swing high from Tuesday and 1.3300 figure.

GBP/USD 15-minute chart

Spot rate:               1.3197
Relative change:     0.91%      
High:                      1.3208
Low:                       1.3068

Trend:                     Bullish short-term

Resistance 1:        1.3200 figure
Resistance 2:        1.3256, intraday swing high Tuesday
Resistance 3:        1.3300 figure

Support 1:              1.3155 former breakout point
Support 2:              1.3100 figure
Support 3:              1.3049 current 2018 low
Support 4:              1.3027 October 6, 2017 swing low
Support 5:              1.2774, August 24, 2017 swing low