Our previous outlook for GBPUSD still stands, as the pair has held above the 1.3280 support level.
GBPUSD managed to hold above 1.3280 and has rebounded toward 1.3500 a few weeks ago.
As shown on the chart, the market is supported by a daily trendline around 1.3280, which could lead to another rebound toward resistance at the 1.3630–1.3660 zone.
A break below 1.3280 would increase the chance of further decline toward 1.3160 and 1.3010, where each level could trigger a rebound.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3280 | 1.3630-60 |
| LEVEL2 | 1.3160 | 1.3870 |
| LEVEL3 | 1.3010 | 1.4000 |
