GBP/USD Technical Analysis: Cable retreats to daily lows near 1.3230 level

• GBP/USD is trading near Monday's lows after it failed to breakout above the 1.3300 figure. 
• GBP/USD bullish momentum is slowing down as it broke the bullish trendline. A test of the 1.3200 level becomes a possibility.
• Resistances becomes now the 1.3250 and the 1.3300 levels.  

GBP/USD 15-minute chart 

Spot rate:               1.3228
Relative change:    0.23%     
High:                      1.3293
Low:                       1.3222

Trend:                    Neutral to bearish

Resistance 1:        1.3250 June 4 high 
Resistance 2:        1.3300 figure
Resistance 3:        1.3363 last week’s high
Resistance 4:        1.3400 figure
Resistance 5:        1.3472 June’s high

Support 1:             1.3225 intraday swing low 
Support 2:             1.3200 figure
Support 3:             1.3155 former breakout point
Support 4:             1.3100 figure
Support 5:             1.3049 current 2018 low
Support 6:             1.3027 October 6, 2017 swing low