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The GBP/USD pair initially surged during the U.S. session amid broader USD weakness, reaching a high of 1.3264 before reversing course. Technical analysis highlights key resistance between 1.3272-1.3282, where the falling 100-hour moving average converges, acting as a critical barrier for buyers. The pair is now trading near 1.3180, with momentum stalled at these levels. On the downside, the immediate support is at today’s low of 1.3159, the lowest since late 2025, followed by a broader support zone between 1.3138-1.3178. A break below this zone could trigger a bearish bias toward November 2025 lows near 1.3000.
For traders, the GBP/USD is in a pivotal technical standoff. The inability to break above resistance suggests waning bullish momentum, while the proximity to key support levels raises bearish risks. This creates a high-impact scenario for forex traders, particularly those with positions near these critical levels. The pair’s next move will depend on whether buyers can reclaim the 100-hour MA or if sellers push through support.
Looking ahead, the 1.3272-1.3282 resistance and 1.3159 support are key watchpoints. A sustained break above resistance could reignite bullish sentiment, while a breakdown below support may accelerate the decline toward 1.3000. Traders should monitor volume and order flow at these levels for confirmation of the next directional move.
