GBPUSD is still facing downtrend pressure as prices move towards the 1.2450 target.
As we see over the Intraday chart, the market is facing resistance around 1.2840-70 and if prices hold below it, the drop pressure could sustain toward 1.2450.
Above 1.2870, the market could start to show strength for a further advance with resistances at 1.3050-70 and 1.3140.
The first Intraday resistance is at 1.2740.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2610 | 1.2740 |
| LEVEL2 | 1.2450 | 1.2840-70 |
| LEVEL3 | 1.2300 | 1.3050-70 |
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