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 remain below it, then the downtrend pressure could sustain toward 1.2820-50.
The market managed today to test 1.3071.
Above 1.3075 prices could have a chance for a rebound toward the 1.3150-75 zone.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2935 | 1.3075 |
| LEVEL2 | 1.2820 | 1.3150-75 |
| LEVEL3 | 1.2750 | 1.3260 |
|
Join our responsible trading community – Open your Orbex account now! |
The post GBP/USD – 18.10.2024 appeared first on Orbex Forex Trading Blog.
