[GBPUSD]: Intraday Analysis

We followed technical rebound from 1.2895 (see chart below) and from a technical point of view we have main resistance around 1.2990/1.3015 and the closest support is around 1.2970, having said that, the main support area is below 1.2940, as long as this area will be supported, the trend still remains slightly bullish on intraday chart.

TECHNICAL SWING

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The pair tested our support area around 1.2970, but at the same time did not show signs of weakness. From a technical point of view, the trend remains bullish on the intraday chart, and as long as it holds this level (area), the bullish swing is not yet complete.

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LAST UPDATES: The pair triggered an interesting pullback, but at the same time it was well supported by our support area around 1.2940.

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