GBP/USD-27.05.2025

 

The Pound managed to hold above the support of 1.3315-30 and advanced toward 1.3593 yesterday.

The market still faces resistance around 1.3635-45 with support at 1.3440-70 which could create a trading zone.

Above 1.3645 more advance will be expected with resistances at 1.3735 and 1.3835.

Below 1.3440 more of a drop is likely with support around 1.3330.

SUPPORT RESISTANCE
LEVEL1 1.3440-70 1.3635-45
LEVEL2 1.3330 1.3735
LEVEL3 1.3250 1.3835

The post GBP/USD –27.05.2025 appeared first on Orbex Forex Trading Blog.