The Sterling has extended gains versus the US Dollar in the Asian Trading Session. Focus on the daily support level of 1.2364. If the GBPUSD pair stays above 1.2364 on a daily basis, we will watch the 1.2428 resistance level. Otherwise, if the price breaks down below 1.2364, the support levels can be seen at 1.2286 and 1.2205.
Support : 1.2286 - 1.2205 - 1.2110
Resistance : 1.2364 - 1.2428 - 1.2502