GBP/USD Technical Analysis: hanging off of 1.29 with US NFP approaching

• A boosted Sterling on hopes of a successful Brexit negotiation is hanging steady in an elevated position as Pound traders await a reason to keep buying.
• US data will be capping off the week with jobless claims and PMIs on Thursday ahead of another NFP Friday.
• 1.29 to be a critical level for the GBP/USD heading into the end of the week.

GBP/USD Chart, 15-Minute

Spot rate:	1.2911
Relative change:	0.07%
High:	1.2927
Low:	1.2901
Support 1:	1.2900 (major technical level)
Support 2:	1.2783 (current week low)
Support 3:	1.2661 (major technical bottom)
Resistance 1:	1.2927 (current day high)
Resistance 2:	1.2982 (current week high)
Resistance 3:	1.3000 (major technical level)

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