FX.co ★ GBP/USD

On GBP/USD H1. The pair is trading below the day's opening level of 1.3805 and below the daily Pivot level of 1.3800. Key indicators show a bearish trend, with the price below the MA72 trend line, where volume unloading usually occurs. Above the level of 1.3730, the pair will continue to rise towards 1.3745 and possibly 1.3800. Below the level of 1.3730, the price will drop to 1.3709 and possibly lower to 1.3670. The pound is trading above the monthly Pivot level of 1.3388 (previous 1.3171), above the weekly Pivot level of 1.3541, and below the daily Pivot level, indicating a corrective sentiment for the pair. The fork on this session is at the level of 1.3730. The first resistance level is at 1.3745, with the first support at 1.3709.