GBPUSD looks to weaken further as it retains its pullback threats. Support lies at 1.2800 area with a break below that level turning focus to
the 1.2750 level. Further down, support comes in the 1.2700 level where a violation will shift focus to the 1.2650 level. Below here
will open the door towards the 1.2600 level. Its daily RSI is bearish and pointing lower suggesting further weakness. On the
upside, resistance is located at the 1.2900 with a break above there allowing for morel strength to build up towards the 1.2950
level. Further out, resistance stands at the 1.3000 level followed by the 1.3050 level. On the whole, GBPUSD retains its downside
pressure on correction.
