GBP/USD moved quickly below 1.3060 yesterday but remains above the key support level of 1.3000.
As long as the market holds above 1.3000, a rebound correction is expected toward 1.3150-75.
However, a drop below 1.3000 could lead to further declines toward 1.2935 and the 1.2820-50 range.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3000 | 1.3175 |
| LEVEL2 | 1.2935 | 1.3260 |
| LEVEL3 | 1.2820-50 | 1.3300 |
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