GBPUSD hit a correction toward 1.3070 as the market still holds below the downtrend line which keeps the pressure on.
As long as the market holds below 1.3075, the bearish pressure could sustain toward the 1.2820-50 zone.
Above 1.3075, the market could have a chance for a further 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 |
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The post GBP/USD – 21.10.2024 appeared first on Orbex Forex Trading Blog.
