GBP/USD is recovering within a broad consolidation range after rebounding from the 1.3140–1.3160 zone. The pair is attempting to strengthen near the upper half of the current range, and the short-term tone remains slightly bullish while price stays above the Pivot.

Current price: 1.3223

Pivot: 1.3210

Nearest support levels:

• S1: 1.3200
• S2: 1.3185
• S3: 1.3170

Nearest resistance levels:

• R1: 1.3235
• R2: 1.3250
• R3: 1.3265

Note:

• Above Pivot: holding above 1.3210 may keep the bullish correction active, with targets at 1.3235, 1.3250 and 1.3265.
• Below Pivot: a move below 1.3210 may return pressure to the downside, with targets at 1.3200, 1.3185 and 1.3170.

GBP, USD