Technical Analysis: GBP/USD - Wednesday, June 17

GBP/USD remains supported above 1.3280, positioning the pair for a potential rally toward the 1.3630 resistance zone.

GBP/USD –17.06.2026

Our previous outlook for GBPUSD still stands, as the pair has held above the 1.3280 support level.
GBPUSD managed to hold above 1.3280 and has rebounded toward 1.3500 a few weeks ago.
As shown on the chart, the market is supported by a daily trendline around 1.3280, which could lead to another rebound toward resistance at the 1.3630–1.3660 zone.
A break below 1.3280 would increase the chance of further decline toward 1.3160 and 1.3010, where each level could trigger a rebound.

SUPPORT

RESISTANCE

LEVEL1

1.3280

1.3630-60

LEVEL2

1.3160

1.3870

LEVEL3

1.3010

1.4000

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