- Sterling kicks upwards for Tuesday despite market sentiment retreating on US tariff ramp-up.
- Thin schedule leaves the GBP/USD pair exposed to broader market sentiment, mixed indicators leave the technical situation a guessing game.
- The week’s upward twist to the price action could evaporate quickly.
Spot rate: 1.3263
Relative change: 0.14%
High: 1.3272
Low: 1.3243
Trend: Bearish
Support 1: 1.3243 (current day low)
Support 2: 1.3211 (1-week low)
Support 3: 1.3177 (S1 1-week pivot)
Resistance 1: 1.3301 (1-week 38.2% Fibo level; major technical handle
Resistance 2: 1.3356 (1-week 61.8% Fibo level)
Resistance 3: 1.3446 )1-week high)
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