GBP/USD Technical Analysis Technical Overview GBP/USD is surging with strong bullish candles and trades well above moving averages. The RSI at 78.28 signals an overbought condition, suggesting that while momentum is strong, a correction is possible. Support and Resistance Levels - Resistance 1: 1.34800 - Resistance 2: 1.34628 - Support 1: 1.34100 - Support 2: 1.33600 Buy Scenario Continuation above 1.34628 may target 1.34800 or higher. Further confirmation if RSI stays above 70 and momentum holds. Sell Scenario Break below 1.34100 may indicate a pullback toward 1.33600. Look for RSI to drop back below 65 as a trigger.