GBP/USD – 27.08.2024

GBP/USD – 27.08.2024

GBPUSD managed to add more advance above 1.3150 last week.
Market now facing supports around 1.3170 and 1.3050-70 and if prices remain above one of those supports, more advance toward 1.3300 is still expected.
Below 1.3050, the market could head lower with the first target toward 1.2820-50.

SUPPORT RESISTANCE
LEVEL1 1.3170 1.3300
LEVEL2 1.3050-70 1.3480
LEVEL3 1.2820-50 1.3650

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