GBPUSD fell below the daily trend support at 1.3280 which could lead to more pressure on the market.
GBPUSD fell below the daily trend support at 1.3280, which could lead to more pressure on the market.
As we see from the chart, Intraday prices show resistance around 1.3325, whereas as long as the market holds below it, more of a drop toward targets and supports 1.3160 and 1.3010 is likely. Each support could push for a rebound.
Below 1.3010 more of a drop toward 1.2705 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.3160 | 1.3325 |
LEVEL2 | 1.3010 | 1.3450-60 |
LEVEL3 | 1.2860 | 1.3630-60 |
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