Forex Trading Library

GBP/USD –16.04.2025

By Rami Abu-Draa Last updated Apr 16, 2025

GBPUSD tested the resistance zone 1.3265 today which could push for another drop correction.
Above 1.3305 the market could add more advance with the second resistance of 1.3435 could push for a drop with prices.
Above 1.3435 more advance will be expected with the first target toward 1.3640.

	SUPPORT	RESISTANCE
LEVEL1	1.3205	1.3305
LEVEL2	1.3120	1.3435
LEVEL3	1.2850-85	1.3640

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Pound Sterling (GBP)

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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