GBPUSD hit below the support of 1.3050-70 which could add more of a drop toward 1.2820-50.
Prices hit a rebound on US Inflation data with Intraday resistance at 1.3200-20.
As long as the market hold below the zone 1.3200-20, more of a drop toward 1.2820-50 will be expected.
Above 1.3220 more advance will be expected with resistances at 1.3300 and 1.3480.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.3000 | 1.3200-20 |
LEVEL2 | 1.2820-50 | 1.3300 |
LEVEL3 | 1.2550 | 1.3480 |
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