GBPUSD fell below 1.2790 yesterday and below this level more of a drop could hit the market toward 1.2665.
As we see on the chart, prices now face the resistance zone around 1.2840-60. If prices hold below, more of a drop toward 1.2615-65 will be expected which in turn could push for a rebound.
Above 1.2860 more advance toward 1.3010-30 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2665 | 1.2790 |
| LEVEL2 | 1.2615 | 1.2840-60 |
| LEVEL3 | 1.2550-60 | 1.3010-30 |
The post GBP/USD – 13.11.2024 appeared first on Orbex Forex Trading Blog.
