GBPUSD managed to hold below the resistance 1.2935 and dropped toward the support of 1.2715.
As we see from the chart and if prices remain below the 1.2935 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.
The first Intraday resistance is at 1.2820.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2715 | 1.2820 |
| LEVEL2 | 1.2560-1.2600 | 1.2935 |
| LEVEL3 | 1.2450 | 1.3050 |
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Financial Market Newsflash
Monday, April 21, 2025
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