FX.co ★ GBP/USD

On GBP/USD H1. The pair is trading above the day's opening level of 1.3670 and above the daily Pivot level of 1.3667. Key indicators show a bearish trend, and the price is below the MA72 trend line, where volume unloading usually occurs. Above the level of 1.3700, the pair will continue to rise to the level of 1.3715 and possibly to 1.3731. Below the level of 1.3700, the price will drop to the level of 1.3667 and possibly lower to 1.3630. The pound is trading above the monthly Pivot level of 1.3630 (previous 1.3388), below the weekly Pivot level of 1.3731, and above the daily Pivot level, indicating a corrective sentiment for the pair. The fork on this session is at the level of 1.3700. The first resistance level is at 1.3715, the first support level is at 1.3667.