The pair traded within a range after the previous rally, with price stabilizing just below the recent highs. The short-term tone remains moderately bullish while the market stays close to the pivot area.

Current price: 1.34057

Pivot: 1.34090

Nearest support levels: S1: 1.33900, S2: 1.33740, S3: 1.33580

Nearest resistance levels: R1: 1.34230, R2: 1.34450, R3: 1.34670

Note:
Above Pivot: If the price regains 1.34090 and holds above it, buyers may target 1.34230 and 1.34450, with 1.34670 as the next upside target.
Below Pivot: If the pair remains below 1.34090, a pullback may extend toward 1.33900 and 1.33740, with 1.33580 as the next downside target.

GBP, USD