GBPUSD fell below the 1.3000 support level, which could push for a further drop.
As we see over the chart, Intraday levels show resistance around 1.3075. If prices hold below it, the downtrend pressure could sustain toward 1.2820-50.
Above 1.3075 the market could rebound further toward the 1.3150-75 zone.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.2935 | 1.3000 |
LEVEL2 | 1.2820 | 1.3075 |
LEVEL3 | 1.2750 | 1.3150-75 |
The post GBP/USD – 17.10.2024 appeared first on Orbex Forex Trading Blog.