
The pair traded within a range after the recent decline, with buyers attempting a cautious rebound. Current price: 1.32757.
Pivot: 1.32900
Nearest support levels: S1 1.32550, S2 1.32250, S3 1.31950
Nearest resistance levels: R1 1.33150, R2 1.33450, R3 1.33750
Note: Below the Pivot, sellers keep the advantage and pullbacks can extend to S1–S2. A sustained move above the Pivot increases the chances of a continuation towards R1–R2.
Risk days (this week): Tue (UK GDP revised), Wed (US ADP & ISM Manufacturing), Fri (US NFP & ISM Services).
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