As we predicted early this week and as we see on our previous chart, the GPBUSD pair managed to meet the first target of 1.2640 and moved lower.
The market also managed to hit a rebound correction toward the 1.2700 level while the downtrend pressure sustained toward 1.2450.
Prices still have a chance for another rebound toward 1.2760, as long as the market holds above 1.2625.
A daily close above 1.2815 could activate a further advance toward 1.3000.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2625 | 1.2740 |
| LEVEL2 | 1.2450 | 1.2815 (Daily Close) |
| LEVEL3 | 1.2330 | 1.2890 |
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