GBP/USD – 16.10.2024
If prices hold above the support of 1.3000, a rebound correction will be expected toward 1.3150-75 and above.
The market today hit a few pips below 1.3000 with UK CPI data before rebounding.
Below 1.3000 the market could head for a drop toward 1.2935 and 1.2820-50.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3000 | 1.3100 |
| LEVEL2 | 1.2935 | 1.3175 |
| LEVEL3 | 1.2820-50 | 1.3260 |
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