The GBPUSD market suggests a turnover, signaling for bear trending selloffs to reach under the 1.2465 swing low. A close under Friday’s 1.2436 low will help motivate selloffs. Any corrective recovery action should stay trapped in last week’s range to maintain bear trend signals. However, a close over 1.2600 is needed to start a turnaround.
Resistance 2 1.2594
Resistance 1 1.2552
Support 1 1.2508
Support 2 1.2465
Resistance 2 1.2594
Resistance 1 1.2552
Support 1 1.2508
Support 2 1.2465