GBP/USD is correcting after a strong multi-session rise, but the pair has already attracted buyers again from the mid-range area. The short-term structure remains bullish as long as price holds above the Pivot, although the market may still pause before making another attempt on the recent highs.

Current price: 1.3365

Pivot: 1.3360

Nearest support levels:

• S1: 1.3350
• S2: 1.3335
• S3: 1.3315

Nearest resistance levels:

• R1: 1.3375
• R2: 1.3395
• R3: 1.3415

Note:

• Above Pivot: above 1.3360, the pair keeps a bullish bias and may retest 1.3375, followed by 1.3395 and 1.3415.
• Below Pivot: if price falls back below 1.3360, correction may deepen toward 1.3350, 1.3335 and 1.3315.
• Intraday view: the trend is still upward overall, but after the sharp rise the pair may spend part of the day consolidating before deciding whether to extend higher.

GBP, USD