Support on the downside was reaffirmed today when the decline stalled at the swing zone between 1.35804 and 1.35919, where buyers stepped back in to defend the dip. The bounce from that area and reclaiming of old resistance reinforces the bullish bias.
The next target on a move above the high from yesterday?
Key levels:
Support: 1.36158–1.36330 (broken swing ceiling), 1.35804–1.35919 (swing low support)
The bulls are back in control above the old ceiling, but need a sustained break above 1.36477 to extend the rally further.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about gbpusd extends back above swing resistance 2025 highs back in focus was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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