FX.co ★ GBP/USD

Hello traders, Attempts to shift the GBP/USD pair to the north continue. A more significant confirmation of this would be a possible breakthrough above the H1 1.3347 high. There is a likelihood judging by the upward direction of the red indicator. On Monday, a breakout above 1.3253 will confirm the possibility of further northward movement. If we drop below 1.3199, it will halt the northern development. Monday marks the beginning of a new month. The new reports on business activity indices at 16:45 and 17:00 on Monday are very significant. If we reach the upper targets before their release, the news could provide a good downward rebound.