Forex Trading Library

GBP/USD – 17.10.2024

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GBPUSD fell below the 1.3000 support level, which could push for a further drop.
As we see over the chart, Intraday levels show resistance around 1.3075. If prices hold below it, the downtrend pressure could sustain toward 1.2820-50.
Above 1.3075 the market could rebound further toward  the 1.3150-75 zone.

SUPPORT RESISTANCE
LEVEL1 1.2935 1.3000
LEVEL2 1.2820 1.3075
LEVEL3 1.2750 1.3150-75
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