GBPUSD fell below the support of 1.3170 and prices now face a second support at 1.3050-70.
The market could hold this trading zone between support 1.3050-70 and resistance 1.3170
As long as the market holds above the support 1.3050-70, more advance will be expected with resistances at 1.3300 and 1.3480.
Below 1.3050, the market could head for a further drop where the first target will be toward 1.2820-50.
Above 1.3170 will be sign of more strength and advance.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3050-70 | 1.3170 |
| LEVEL2 | 1.2820-50 | 1.3300 |
| LEVEL3 | 1.2680 | 1.3480 |
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