GBPUSD dropped to hit the target of 1.3400 and fell further.
As we see over the chart, the market is starting to show chances for a rebound starting from 1.3425, while as long as prices keep holding above 1.3370 the advance wave will be ongoing.
Below 1.3370 more of a drop toward 1.3175 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3370 | 1.3465 |
| LEVEL2 | 1.3140-75 | 1.3585 |
| LEVEL3 | 1.3060 | 1.3680 |
The post GBP/USD –16.07.2025 appeared first on Orbex Forex Trading Blog.