The pair is recovering after the previous correction from the 1.3550 area. GBP/USD has rebounded toward 1.3465 and is trying to build a higher intraday base. For the full-day outlook, the bias is cautiously bullish while the price remains above the Pivot. A move through the nearest resistance would confirm the recovery, while a drop below the Pivot would return the pair into a more corrective structure.

Current price: 1.3466

Pivot: 1.3460

Nearest support levels:

• S1: 1.3450
• S2: 1.3435
• S3: 1.3420

Nearest resistance levels:

• R1: 1.3475
• R2: 1.3490
• R3: 1.3510

Note:

• Above Pivot: holding above 1.3460 may support continued recovery toward 1.3475, 1.3490 and 1.3510.
• Below Pivot: a move below 1.3460 may increase downside pressure and open the way to 1.3450, 1.3435 and 1.3420.

GBP, USD