
GBPUSD broke below the support of 1.3200 today and could add more pressure towards 1.3030.
As we see over the chart, the market is facing resistance around 1.3220-60, where as long as the market holds below it, the downtrend pressure could sustain toward 1.3030.
Above 1.3260 more advance could hit the market with resistances around 1.3320 and 1.3400.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3120 | 1.3220-60 |
| LEVEL2 | 1.3030 | 1.3320 |
| LEVEL3 | 1.2910 | 1.3400 |
The post GBP/USD –12.05.2025 appeared first on Orbex Forex Trading Blog.
