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26 Jun 2018
GBP/USD Technical Analysis: Sterling inching towards 1.33 ahead of a thin Tuesday
- The Sterling is maintaining a bullish stance for the week, despite still flubbing below Friday's highs.
- The current price action is being lifted by a rising channel from last week's low.
- Market sentiment has turned down for the week, but the European theater currencies have evaded declines so far.
GBP/USD Chart, 15-Minute
| Spot rate: | 1.3287 |
| Relative change: | 0.06% |
| High: | 1.3292 |
| Low: | 1.3273 |
| Trend: | Bullish |
| Support 1: | 1.3223 (previous day low) |
| Support 2: | 1.3180 (61.8% one week Fibo level) |
| Support 3: | 1.3139 (S1 weekly pivot) |
| Resistance 1: | 1.3320 (June 13th previous support) |
| Resistance 2: | 1.3377 (R3 daily pivot) |
| Resistance 3: | 1.3443 (R2 weekly pivot) |