GBP/USD Technical Analysis: Cable trading near daily highs just above 1.3200 level

• GBP/USD is trading near its daily highs above the 1.3200 level. 
• GBP/USD is trading in a small range as Independence Day in the US see limited volumes in the forex market. As a result, GBP/USD is unlikely to have a strong breakout in either direction due to the US holiday.
• Bullish runs might be capped at the current high of the day at 1.3228 while 1.3200 figure and 1.3155 are likely going to act as support.

GBP/USD 15-minute chart 

Spot rate:               1.3207
Relative change:     0.11%     
High:                      1.3228
Low:                       1.3171

Trend:                    Neutral

Resistance 1:        1.3228 curent Wednesday high
Resistance 2:        1.3256, intraday swing high of June 26
Resistance 3:        1.3300 figure

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