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  • 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