GBPUSD 1.3180 possible

The British pound is testing important upside levels against the US dollar, following a strong recovery from the 1.3000 level earlier this week. Going forward, continued gains above the 1.3065 level should see the GBPUSD pair rallying towards the 1.3180 resistance level. Only a weekly price close below the 1.3000 level can negate the short-term bullish outlook surrounding the pair

• The GBPUSD pair is only bullish while trading above the 1.3000 level, key resistance is found at the 1.3065 and 1.3180 levels. 

• The GBPUSD pair is only bearish while trading below the 1.3000 level, key support is found at the 1.2965 and 1.2900 levels.