GBPUSD printed a high around 1.3726 before market hit a correction.
The Pound managed to fall below the support of 1.3575-95 and resumed a drop towards the support zone of 1.3480.
As we see over the chart, if the market holds above the support at 1.3480, a chance for another advance could hit the market with resistances around 1.3590 and 1.3660.
Below 1.3480 more of a drop will be expected with support around 1.3330 and 1.3200-20.
Above 1.3775 more advance toward 1.3900-50 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3480 | 1.3590 |
| LEVEL2 | 1.3330 | 1.3660 |
| LEVEL3 | 1.3200 | 1.3745-75 |
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