GBP/USD –02.07.2025

 

GBPUSD starts to show a chance for an advance as the market hit a few pips above the resistance of 1.3745-75.

As we see over the chart the market is facing the chance for a correction toward 1.3675 advancing again.

Whilst above 1.3835, prices could sustain this advance wave with the target now towards the 1.4000-40 zone.

Below 1.3590 more of a drop will be expected as the old support of 1.3370 is still protecting the advance wave.

SUPPORT RESISTANCE
LEVEL1 1.3675 1.3835
LEVEL2 1.3590 1.4000-40
LEVEL3 1.3370 1.4150

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