ِAs we advised last week and as we see over our previous chart
GBPUSD managed to head for farther drop movement while market still facing trend support around 1.2800-20 zone
This support zone may keep the chance for a rebound correction toward 1.3020-40 and 1.3150-75
Below 1.2800 the risk for farther drop movement toward 1.2680 may hit the market
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2800-20 | 1.2940 |
| LEVEL2 | 1.2680 | 1.3040 |
| LEVEL3 | 1.2550 | 1.3175 |
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The post GBP/USD – 05.11.2024 appeared first on Orbex Forex Trading Blog.
