The pair traded within a range after a strong upside run, with price stabilizing close to the latest highs. The short-term tone remains bullish while the market stays above the pivot area.

Current price: 1.35109

Pivot: 1.35040

Nearest support levels: S1: 1.34960, S2: 1.34750, S3: 1.34520

Nearest resistance levels: R1: 1.35280, R2: 1.35460, R3: 1.35640

Note:
Above Pivot: If the price holds above 1.35040, buyers may target 1.35280 and 1.35460, with 1.35640 as the next upside target.
Below Pivot: If the pair falls back below 1.35040, corrective pressure may extend toward 1.34960 and 1.34750, with 1.34520 as the next downside target.

GBP, USD