- GBP/USD is having a hard time to breakout above the 1.3300 level as it failed above it for the last three days.
- GBP/USD lost about 80 pips in the early European session as the market is now correcting the recent move lower in a bear flag below 1.3256 supply/demand level.
GBP/USD 15-minute chart
Spot rate: 1.3246
Relative change: -0.24%
High: 1.3293
Low: 1.3206
Trend: Neutral
Resistance 1: 1.3256 supply/demand level
Resistance 2: 1.3300 key support
Resistance 3: 1.3350 supply/demand level
Support 1: 1.3200 figure
Support 2: 1.3155 breakout point
Support 3: 1.3146, current 2018 low