GBP/USD Technical Analysis: Bolstered at 1.3130 on Brexit hopes

• The GBP/USD's intraday action over the last twenty-four hours has seen the pair clip into a new near-term high near 1.3175, but the pair has faded back heading into Thursday's main trading sessions, digging in just north of the 1.3100 handle.
• GBP/USD analysis: Brexit optimism overshadows it all

GBP/USD M5

• Over the past week, the Cable has lifted firmly on rising hopes for a successful Brexit negotiation, with yet another key self-imposed deadline of this Friday expected to reveal any kind of last-minute deal in proceedings, and the GBP has been bolstered by hopes for a last-minute deal, and the Cable has been rising in a healthy uptrend, lifting from the 200-period moving average.

GBP/USD M15

• The Cable has pushed into a bullish reversal, crossing the 200-hour moving average and keeping bid above the 50-hour moving average near the 1.3100 handle.

GBP/USD H1