We still hold our previous outlook for the GBPUSD as the market managed to hit a low around 1.3233 last week, as prices still hold above the support zone of 1.3200-20.
This trading zone could control prices between support 1.3200-20 and resistance 1.3435.
Above 1.3435 more advance toward 1.3635-45 will be expected.
Below 1.3200 more of a drop toward 1.3030 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3200-20 | 1.3340 |
| LEVEL2 | 1.3030 | 1.3435 |
| LEVEL3 | 1.2910 | 1.3635-45 |
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