
GBPUSD hit the target and support of 1.3360-90 and managed to rebound towards 1.3545 so far.
As we see over the chart, if prices remain above 1.3360-90 a rebound towards 1.3585 and higher will be expected.
Above 1.3605 the market could keep advancing towards 1.3685.
Below 1.3360 more of a drop will be expected.
Intraday levels show the first resistance at 1.3530 which could create some pressure if the market fails to break above it.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.3360-90 | 1.3530 |
LEVEL2 | 1.3250 | 1.3590 |
LEVEL3 | 1.3140 | 1.3680 |
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