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   “¢   Break above 100-hour SMA supportive of the up-move for the second straight session.
   “¢   Move beyond 200-hour SMA now a key to confirm a near-term bullish breakout.  
   “¢   Hourly RSI gradually heading towards oversold territory and might cap additional gains.

GBP/USD 1-hourly chart

Spot rate:         1.3338
Trend:               Turning bullish  

Support 1:         1.3298 (100-hour SMA)
Support 2:         1.3277 (daily low)
Support 3:         1.3204 (May 29th low)

Resistance 1:    1.3349 (200-hour SMA)
Resistance 2:    1.3385 (R3 daily pivot point)
Resistance 3:    1.3422 (May 24th swing high)