Another fresh buying interest came to the GBP/USD pair, which is currently forming a higher high pattern across the board. To the upside, a resistance is being found around 1.3592 and if it manages to break it, we can expect further gains towards the 1.3755 level. Corrections should be limited by 1.3309, which coincides with the lower side of Bollinger bands.
H1 chart's resistance levels: 1.3592 / 1.3755
H1 chart's support levels: 1.3309 / 1.3209
Trading recommendations for today: Based on the H1 chart, buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.3592, take profit is at 1.3755 and stop loss is at 1.3430.
