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  • GBP/USD is trading off multi-month lows below 1.2135 resistance.
  • A break above 1.2135 can see the correction advance towards 1.2167.  
 

GBP/USD daily chart

 
 
GBP/USD is off multi-month lows trading below its main daily simple moving averages.  
 

GBP/USD 4-hour chart

 
GBP/USD is stabilizing just above 1.2100 support. The bears need a break below the level to reach the next supports at 1.2067 and 1.1998, according to the Technical Confluences Indicator.  
 

GBP/USD 30-minute chart

 
Cable is having a small bounce from the daily lows. The bulls need to break 1.2135 to extend the correction towards 1.2167, according to the Technical Confluences Indicator.  

Additional key levels