
GBPUSD managed to hold below the resistance of 1.3590 and dropped towards 1.3493, whilst support at 1.3480 kept the advance wave ongoing.
The resistance zone is now around 1.3590-1.3620 and above this zone more advance will be expected towards the target of 1.3745-75.
On the other hand, if the market failed to break above that zone, a correction could hit the market with supports at 1.3480 and 1.3400-20.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.3480 | 1.3590 |
LEVEL2 | 1.3400 | 1.3745-75 |
LEVEL3 | 1.3200-20 | 1.3910 |
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