As seen in the last two weeks on our previous chart, the GBPUSD pair met the target of 1.2800, which caused a correction.
As we can see from the chart, if the market holds below 1.2800-15, a further drop will be expected with support at 1.2640 and 1.2450.
Above 1.2815, more advance will be expected with resistances at 1.2890 and 1.3000.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2640 | 1.2815 |
| LEVEL2 | 1.2450 | 1.2890 |
| LEVEL3 | 1.2330 | 1.3000 |
|
Join our responsible trading community - Open your Orbex account now! |
