# GBPUSD Holds Support, Rebound or Breakdown?

> GBPUSD holds key support level; rebound or breakdown expected.
- Title: GBPUSD Holds Support, Rebound or Breakdown? · TradingView
- Summary: GBPUSD holds key support level; rebound or breakdown expected. GBPUSD holds 1W MA100 for third week, with technical targets at 1.3490 (rebound) or 1.2950…
- Keywords: gbp, usd, technical, support, rebound, breakdown, tradingview, investingscope, business, finance, GBPUSD, Holds
- Source: TradingView — https://tradingview.com/chart/GBPUSD/lHkafjcM-GBPUSD-Holding-the-major-Support-Rebound-or-breakdown
- Published: 2026-10-09T20:48:36+00:00
- Read time: 1 min
- Topics: gbp, usd, technical, support, rebound, breakdown, tradingview, investingscope, business, finance
## GBPUSD Holds Support
GBPUSD holds 1W MA100 for third straight week, with technical targets at 1.3490 (rebound) or 1.2950 (breakdown).
## Technical Indicators Bearish
RSI = 39.893, MACD = -0.006, ADX = 35.857 show bearish technical outlook despite flat weekly close.
## Rebound or Breakdown
Holding the 1 year triangle bottom hl trendline may trigger bullish wave to 0.618 fibonacci level.
## Key takeaway

GBPUSD holds 1W MA100 for third week, with technical targets at 1.3490 (rebound) or 1.2950 (breakdown).