GBP/USD Drops After Rebounding from 1.2600, Potential Target 1.2550
The GBP/USD pair is experiencing a decline after rebounding from the 1.2600 level, driven by a strengthening dollar. This 1.2600 mark is now acting as a support level, and if it breaks below this, the price could potentially drop to 1.2550.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
1.2740 |
1.2700 |
1.2680 |
1.2645 |
1.2600 |
1.2550 |