GBPUSD hit a high of 1.2715 yesterday closing from target and resistance of 1.2725.
As we see over the chart, the market could hold a trading zone toward the 1.2520 support as long as prices keep holding below the resistance 1.2725.
Above 1.2725 more advance will be expected with resistance around 1.2810.
Below 1.2520 more of a drop to test the 1.2420-30 support could hit the market which in turn could activate another advance.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2520 | 1.2725 |
| LEVEL2 | 1.2420-30 | 1.2810 |
| LEVEL3 | 1.2250 | 1.2950 |
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Financial Market Newsflash
Tuesday, April 22, 2025
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