GBPUSD fell below the 1.2940 support which could lead to a further drop.
As we see on the chart, prices are facing resistance around 1.2980 and if the market holds below it, more of a drop toward 1.2860 could hit the market.
The Pound managed last Friday to fall toward 1.2887 so far.
Above 1.2980 prices could restore strength for a further advance.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2860 | 1.2980 |
| LEVEL2 | 1.2680-1.2715 | 1.3050 |
| LEVEL3 | 1.2560 | 1.3175 |
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Financial Market Newsflash
Tuesday, April 22, 2025
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