Trend analysis (Fig. 1)
GBP/USD is likely to climb on Monday, from 1.3333 (closing of Friday's daily candle) to the 38.2% retracement level (blue dotted line) - 1.3637. Then, it will move further up to 1.3395, the 50.0% retracement level (blue dashed line).
Fig. 1 (daily chart)
Comprehensive analysis:
Indicator analysis - uptrend
Fibonacci levels - uptrend
Volumes - uptrend
Candlestick analysis - uptrend
Trend analysis - uptrend
Bollinger bands - uptrend
Weekly chart - uptrend
General conclusion: GBP/USD will rise from 1.3333 (closing of Friday's daily candle) to the 38.2% retracement level (blue dotted line) - 1.3637. Upon reaching it, the quote will continue climbing to 1.3395, which is the 50.0% retracement level (blue dashed line).
There is a low chance that GBP/USD will decline from 1.3333 (closing of Friday's daily candle) to the support line (yellow bold line) at 1.3273, and then bounce back to 1.3311, which is the 14.6% retracement level (blue dashed line).
