GBPUSD managed to advance above 1.2870 the resistance which could push for a further advance.
The Market managed to hit the first resistance around 1.2940 which could push for some profit taking.
As we see on the chart, the market faces supports around 1.2870 and 1.2800 and if prices remain above one of those supports, more advance will be expected toward the target of 1.3050-70.
Below 1.2800 more of a drop toward 1.2705 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2870 | 1.2975 |
| LEVEL2 | 1.2800 | 1.3050-70 |
| LEVEL3 | 1.2705 | 1.3150 |
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