GBPUSD broke above the resistance of 1.3360 and hit the target of 1.3440.
As we see over the chart, prices are facing support around 1.3315-30, where as long as the market remains above it, the advance wave could expand towards 1.3635.
The pair managed to add more advance today toward 1.3515 so far.
Below 1.3315 more of a drop is likely with support at 1.3140 keeping the chance for the advance wave to move higher.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3385 | 1.3635 |
| LEVEL2 | 1.3315-30 | 1.3745 |
| LEVEL3 | 1.3250 | 1.3835
GBP/USD holds above 1.3315, keeping the path open to 1.3635; below 1.3315, a drop toward 1.3140 remains possible.
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