GBP/USD Trade idea

• Major support – 1.3218 (trend line joining 1.30785 and 1.31447)
   
• Major resistance -1.3275 (Jul 20th high)
   
• The pair breaks major support at 1.3218 and declined till 1.31566 at the time of writing. It is currently trading around 1.31870.
   
• Any break below trend line support confirms minor weakness, a decline till 1.3100/1.30650 is possible .
   
• Technically any break above 1.3275 will take the pair till 1.3340.

It is good to sell on rallies 1.3200 with SL around 1.3275 for the TP of 1.3100/1.3065. 

R1- 1.3275

 R2-1.335

 R3-1.3480

Support

S1-1.3150

S2-1.310

S3-1.3065