The pair keeps a bullish structure, although the latest move shows a pullback from fresh short-term highs. GBP/USD still trades in the upper part of the range, and for the full-day outlook the bias remains positive while price holds above the Pivot area, but near-term volatility may stay elevated after the recent spike.

Current price: 1.3427

Pivot: 1.3425

Nearest support levels:

• S1: 1.3415
• S2: 1.3395
• S3: 1.3375

Nearest resistance levels:

• R1: 1.3440
• R2: 1.3455
• R3: 1.3475

Note:

• Above Pivot: staying above 1.3425 keeps the bullish structure active, with targets at 1.3440, 1.3455 and 1.3475.
• Below Pivot: a move below 1.3425 would increase the chance of a deeper correction toward 1.3415, 1.3395 and 1.3375.

GBP, USD