GBPUSD managed to hold downtrend pressure where managed today to test 1.2420 as we advised yesterday
market now having chance for rebound correction toward 1.2520 zone
below 1.2420 market may set another drop movement toward 1.2350 and 1.2250-70 zone which in turn may provide another rebound correction movement
| Support | Resistance | |
| Level 1 | 1.2420 | 1.2520 |
| Level 2 | 1.2350 | 1.2615 |
| Level 3 | 1.2250-70 | 1.2675 |
![Credit Card 160×600 [EN]](https://assets.iorbex.com/blog/wp-content/uploads/2023/06/13144507/Blog-Banner_EN-Banner_160X600X2.webp)
