GBPUSD managed to fall below the support of 1.2715 and managed to drop further toward 1.2618, closing to the support zone of 1.2570-80.
As we see on the chart, and if prices remain above 1.2570-80, a rebound correction toward 1.2720 and above is likely.
Below 1.2570 more of a drop will be expected with supports at 1.2480 and 1.2300.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2570-80 | 1.2720 |
| LEVEL2 | 1.2480 | 1.2810 |
| LEVEL3 | 1.2300 | 1.2925 |
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