GBP/USD breached key resistance at 1.3485, signaling a potential rally toward 1.3580 and 1.3710.
GBPUSD managed to pass above the resistance of 1.3485 which could push for further advance.
As we see over the chart, the market is facing the first support zone at 1.3485, where if prices remain above it, more advance will be expected with resistances at 1.3580 and 1.3710-35.
Below 1.3485 more of a drop could hit the market as the second support zone at 1.3340-80 could activate an advance again.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.3485 | 1.3580 |
LEVEL2 | 1.3340-80 | 1.3710-35 |
LEVEL3 | 1.3200 | 1.3850 |
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