- GBP/USD is trading near its daily highs above the 1.3200 level.
- GBP/USD is trading in a small range as Independence Day in the US see limited volumes in the forex market. As a result, GBP/USD is unlikely to have a strong breakout in either direction due to the US holiday.
- Bullish runs might be capped at the current high of the day at 1.3228 while 1.3200 figure and 1.3155 are likely going to act as support.
GBP/USD 15-minute chart
Spot rate: 1.3207
Relative change: 0.11%
High: 1.3228
Low: 1.3171
Trend: Neutral
Resistance 1: 1.3228 curent Wednesday high
Resistance 2: 1.3256, intraday swing high of June 26
Resistance 3: 1.3300 figure
Support 1: 1.3200 figure
Support 2: 1.3155 former breakout point
Support 3: 1.3100 figure
Support 4: 1.3049 current 2018 low
Support 5: 1.3027 October 6, 2017 swing low
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