GBP/USD Technical Analysis: double curveball on Brexit headlines

• EU negotiators indicating that a workable Brexit plan could materialize in "6 to 8 weeks", while Eurosceptic Tories saw their latest plan to present their own Brexit plan fell apart, prompting a second Brexit hope rally in two weeks.
• Sterling traders should watch out for an overextended bull run which could prompt sellers to step back in.
• UK earnings report due today could also be a wrench in the works, while a positive reading could easily see an extension.

GBP/USD Chart, 15-Minute

Spot rate:	1.3033
Relative change:	0.06%
High:	1.3048
Low:	1.3020
Trend:	Bullish
Support 1:	1.2950 (38.2% Fibo retracement)
Support 2:	1.2898 (current week low)
Support 3:	1.2785 (previous week low)
Resistance 1:	1.3050 (major technical barrier, current week high)
Resistance 2:	1.3213 (July 26th swing high)
Resistance 3:	1.3305 (200-day EMA)    start Trading with Free $30    : CLAIM NOW $30 VERIFY YOUR ACCOUNT AND GET YOUR $30 INSTANTLY ,MAKE MONEY WITHDRAW !!                IT IS POSSIBLE TO SHIFT FROM $30  TO  $1,000,000  TRY  TODAY IF  YOU  FACE  ANY  PROBLEM  TO  GET  THIS  OFFER  PLEASE CONTACT                                                                   US FOR SUPPORT ,  CLICK  SMS  BAR  ABOVE  THEN  TALK  TO  US.