Trend analysis (Fig. 1)
GBP / USD may move up on Tuesday, from 1.3574 (closing of yesterday's daily candle) to the historical resistance level at 1.3618 (blue dotted line). After that it will go to 1.3677, which is the 76.4% retracement level (yellow 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
Conclusion: GBP/USD will rise from 1.3574 (closing of yesterday's daily candle) to the historical resistance level at 1.3618 (blue dotted line), then move to 1.3677, which is the 76.4% retracement level (yellow dashed line).
Alternatively, the pair could go up from 1.3574 (closing of yesterday's daily candle) to the historical resistance level at 1.3618 (blue dotted line), then head down to the support line at 1.3584 (yellow bold line).
