GBPUSD is still holding above support 1.3170 which the market tested in the last few days.
If prices hold above the support 1.3170, more advance will be expected with resistances at 1.3300 and 1.3480.
Below 1.3170, more of a drop could hit the market to test the second support of 1.3050-70 which in turn could push for another advance toward 1.3300.
Below 1.3050, the market could head for a further drop 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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