As projected earlier this week, the GBPUSD pair hit a rebound towards the target of the1.2740-60 zone.
The resistance trend zone at 1.2740-60 could push for a drop as seen on our previous chart, with supports laying at 1.2690 and 1.2610.
Below 1.2610 more of a drop will be expected with the target being toward 1.2450.
Above 1.2780, prices could add more advance with resistances at around 1.2860-95 and 1.3000.Explore GBPUSD analysis with insights on recent rebounds and key support levels, guiding potential movements in the current market environment
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2690 | 1.2780 |
| LEVEL2 | 1.2610 | 1.2860 |
| LEVEL3 | 1.2450 | 1.3000 |
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