The pair traded within a range after stabilizing above the mid-1.3400 area, with GBP/USD moving into sideways consolidation following the earlier rebound. For the full-day outlook, the market is balanced but slightly constructive while it remains above nearby support, and a breakout from this compact range may define the next directional move.

Current price: 1.3422

Pivot: 1.3417

Nearest support levels:

• S1: 1.3408
• S2: 1.3394
• S3: 1.3379

Nearest resistance levels:

• R1: 1.3434
• R2: 1.3447
• R3: 1.3460

Note:

• Above Pivot: holding above 1.3417 keeps the recovery structure intact and may allow the pair to test 1.3434, followed by 1.3447 and 1.3460 if bullish pressure strengthens during the day.
• Below Pivot: a drop below 1.3417 would tilt the intraday picture back to the downside, exposing 1.3408, 1.3394 and 1.3379.

GBP, USD