GBPUSD remains directionless and holding within daily cloud

Cable stayed in directionless mode during this week as four consecutive small-bodied and long-legged daily candles showed wide amplitude but no clear direction.
The price stayed within daily cloud for most of time, after probe above the cloud was short-lived.
Near-term action remains supported by rising 100SMA (currently at 1.2909) after three spikes below failed to close under 100SMA.
Mixed daily studies also give no clear direction signal, with daily cloud boundaries: 1.2873 (base, reinforced by Tenkan-sen line) and 1.2975 (top) marking initial pivotal points.
Break of either side is needed to generate initial direction signal.
At the upside, psychological 1.3000 and daily Kijun-sen at 1.3020, mark next triggers for stronger correction of 1.3268/1.2773 descend.
Conversely, firm break below daily cloud would risk extension towards next key support at 1.2773 (24 Aug trough).

Res: 1.2946; 1.2975; 1.3000; 1.3020
Sup: 1.2905; 1.2873; 1.2852; 1.2793