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  • GBP/USD bears are en route towards the daily lows as they want to retest the 1.3200 level.  
  • A bear breakout below 1.3200 should lead to more losses as the next support is likely located near the 1.3155 breakout point.  

GBP/USD 15-minute chart

Spot rate:               1.3208
Relative change:    -0.53%      
High:                      1.3293
Low:                       1.3206

Trend:                    Bearish

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