The pair traded within a range after a strong upward breakout, with price consolidating below the latest local highs. The short-term tone remains bullish while the market holds close to the pivot area.

Current price: 1.33921

Pivot: 1.33960

Nearest support levels: S1: 1.33780, S2: 1.33590, S3: 1.33380

Nearest resistance levels: R1: 1.34155, R2: 1.34395, R3: 1.34635

Note:
Above Pivot: If the price regains 1.33960 and holds above it, buyers may target 1.34155 and 1.34395, with 1.34635 as the next upside target.
Below Pivot: If the pair remains below 1.33960, a pullback may extend toward 1.33780 and 1.33590, with 1.33380 as the next downside target.

GBP, USD