GBPUSD managed to break above the 1.2935 resistance to meet targets 1.3050-and 1.3110.
As we see over the chart, the market is facing the first resistance around 1.3265 where as long as prices hold below it, a drop toward 1.2560-1.2600 still valid.
Above 1.3265 more advance will be expected while the second resistance of 1.3435 could push for a drop correction toward 1.2850.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.3055 | 1.3265 |
| LEVEL2 | 1.2985 | 1.3435 |
| LEVEL3 | 1.2850 | 1.3635 |
Financial Market Newsflash
Tuesday, April 22, 2025
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