Hello traders, For the GBP/USD pair, we bounced off the lower boundary of the trading range around 1.3320 to the south and are currently trading at 1.3437. Today is quite significant for the GBP/USD pair as on a daily scale, a pullback will end at the level of 1.3458, and if we move higher, the pullback will turn into a reversal to the north. On the four-hour scale, there is currently an upward movement targeting resistance at 1.3507. Therefore, I expect the GBP/USD pair to rise to 1.3507 today and then pull back to 1.3458. Everything will depend on whether the price is held above 1.3458 during this pullback.
