The pair traded within a range after the previous sharp decline, with GBP/USD consolidating near the lower part of the recent structure. The full-day outlook remains fragile, as the pair is still unable to build a strong rebound and remains vulnerable below the Pivot area.

Current price: 1.3196

Pivot: 1.3210

Nearest support levels:

• S1: 1.3180
• S2: 1.3165
• S3: 1.3140

Nearest resistance levels:

• R1: 1.3235
• R2: 1.3260
• R3: 1.3295

Note:

• Above Pivot: a move above 1.3210 may support a corrective recovery toward 1.3235, 1.3260 and 1.3295.
• Below Pivot: while the pair remains below 1.3210, bearish pressure may return, with downside targets at 1.3180, 1.3165 and 1.3140.

GBP, USD