GBPUSD fell below the support trend of 1.3200 which could lead to another drop.
As we see from the daily chart, if prices remain below 1.3200-30, more of a drop will be expected with support at 1.3010 leading to a rebound.
Below 1.3000 more of a drop will be expected towards the 1.2705 zone.
A daily close above 1.3230 could activate a further rebound with resistance at 1.3485.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3100 | 1.3200-30 |
| LEVEL2 | 1.3010 | 1.3485 |
| LEVEL3 | 1.2860 | 1.3575 |
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