GBP/USD Price Analysis: Three-week-old resistance challenge bulls above 1.3600

• GBP/USD grinds higher, defends 1.3600 after three-day uptrend.
• 10-DMA breakout, firmer RSI favor buyers to battle immediate resistance line.
• Previous support from July adds to the upside filters.

GBP/USD keeps the first daily break above 10-DMA in three weeks while taking rounds to 1.3610 during Tuesday’s Asian session.

In addition to the DMA breakout, gradually firming RSI line also justifies the three-day uptrend.

However, a downward sloping trend line from September 14 and the 11-week-old support-turned-resistance, respectively around 1.3625 and 1.3645, challenge the quote’s further advances.

Even if the GBP/USD prices rally beyond 1.3645, the latest September’s swing high near 1.3750 will question the bulls before 100-DMA resistance of 1.3860.

Alternatively, pullback moves need to drop back below the 10-DMA level near 1.3590 to recall the sellers.

Following that, the 1.3570 level may offer an intermediate halt during the fall targeting the last month’s low around 1.3410.

Overall, GBP/USD remains in the recovery mode with a bumpy road ahead.

GBP/USD: Daily chart

Trend: Further upside expected