- GBP/USD is starting the week by breaking above the 1.3300 figure and trying to push above the 1.3350 level as the Cable is keeping last week’s bullish momentum.
- GBP/USD next key target to the upside is likely located near 1.3472 June’s high.
- GBP/USD short-term support is seen near the 1.3300 figure and 1.3250, June 4 high.
Spot rate: 1.3346
Relative change: 0.43%
High: 1.3363
Low: 1.3284
Trend: Bullish
Resistance 1: 1.3350 figure
Resistance 2: 1.3400 figure
Resistance 3: 1.3472 June’s high
Support 1: 1.3281, 200-period SMA (4h)
Support 2: 1.3300-1.3314 June 22 swing high
Support 3: 1.3250 June 4 high
Support 4: 1.3200 figure
Support 5: 1.3155 former breakout point
Support 6: 1.3100 figure
Support 7: 1.3049 current 2018 low
Support 8: 1.3027 October 6, 2017 swing low
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