GBP/USD – 28.05.2025

GBP/USD – 28.05.2025

The Pound dropped and managed today to test the support trend of 1.3440-70 and hit a rebound.

The market still faces resistance around 1.3635-45 with support at 1.3440-70 which could create a trading zone.
Above 1.3645 more advance will be expected with resistances at 1.3735 and 1.3835.
Below 1.3440 more of a drop is likely with support around 1.3330.

SUPPORT RESISTANCE
LEVEL1 1.3440-70 1.3635-45
LEVEL2 1.3330 1.3735
LEVEL3 1.3250 1.3835

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