The pair traded within a range near fresh lows after a persistent bearish move, while short-term rebounds remain limited. Intraday sentiment stays negative unless the market regains the pivot area.

Current price: 1.31975

Pivot: 1.32090

Nearest support levels: S1: 1.31845, S2: 1.31595, S3: 1.31350

Nearest resistance levels: R1: 1.32340, R2: 1.32590, R3: 1.32840

Note:
Above Pivot: If the price breaks and holds above 1.32090, recovery may extend toward 1.32340 and 1.32590, with 1.32840 as the next upside target.
Below Pivot: If the pair stays below 1.32090, selling pressure may deepen toward 1.31845 and 1.31595, with 1.31350 as the next bearish target.

GBP, USD