GBPUSD managed to advance above the 1.2870 resistance which could then move higher.
The market managed to hit the first resistance around 1.2940 which could push for some profit taking.
As we see over the chart, prices face supports around 1.2870 and 1.2800 and if prices hold above one of those supports, more advance will be expected toward the 1.3050-70 zone.
Resistance at 1.3050-70 could push for a correction toward 1.2970.
Above 1.3070 more advance toward 1.3300 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2970 | 1.3050-70 |
| LEVEL2 | 1.2870 | 1.3150 |
| LEVEL3 | 1.2800 | 1.3300 |
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