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GBPUSD 7.10.2025
Overall Trend:
Cable is hugging a rising trendline, testing the 1.34251 area after broad swings. As long as the trendline holds, 1.36100 remains the first upside magnet, followed by 1.37546. A clean break of the line would refocus 1.33310.
Expected Scenario:
Bullish: Holding above the trendline/1.34251 favors a push to 1.36100 then 1.37546.
Bearish: A decisive drop below the trendline under 1.34251 opens a move toward 1.33310.
Key Levels:
Resistance: 1.36100 – 1.37546
Support: 1.34251 – 1.33310
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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