As predicted in the previous weekly chart, the GBPUSD pair managed to meet the target of 1.2800, which caused a correction.
On the chart, if prices remain below 1.2800-15, a further drop is expected, with supports waiting at 1.2640 and 1.2450,
Above 1.2815, more advance is likely with resistances at 1.2890 and 1.3000.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2640 | 1.2815 |
| LEVEL2 | 1.2450 | 1.2890 |
| LEVEL3 | 1.2330 | 1.3000 |
|
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