GBPUSD also dropped and hit below the support of 1.2860.
As we see from the chart and if prices remain below the 1.0935 resistance, more of a drop toward the 1.2560-1.2600 zone will be expected.
Above 1.2935 more advance could hit the market with resistances at 1.3050 and 1.3110.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2800 | 1.2935 |
| LEVEL2 | 1.2715 | 1.3050 |
| LEVEL3 | 1.2560-1.2600 | 1.3110 |
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Financial Market Newsflash
Monday, April 21, 2025
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