The pair traded within a range after the sharp rebound from the 1.3370 area, but the latest H1 candles show renewed selling pressure from the 1.3475–1.3480 zone. GBP/USD is now moving back toward the middle of the recent structure, making the Pivot area important for the full-day direction.
Current price: 1.34460
Pivot: 1.3455
Nearest support levels:
S1: 1.3432
S2: 1.3410
S3: 1.3385
Nearest resistance levels:
R1: 1.3468
R2: 1.3485
R3: 1.3505
Note:
Above Pivot: a move above 1.3455 may return the pair to a recovery scenario and support a test of 1.3468. A stronger breakout above this level may open the way toward 1.3485 and 1.3505.
Below Pivot: while the pair stays below 1.3455, downside risks remain active. A decline below 1.3432 may strengthen bearish pressure and send GBP/USD toward 1.3410 and 1.3385 during the day.
