FX.co ★ GBP/USD

On GBP/USD H1. The pair is trading above the day's opening level of 1.3320 and near the daily Pivot level of 1.3344. Key indicators show a bullish trend, and the price is above the 72-period moving average trend line, where volume unloading usually occurs. Above the level of 1.3344, the pair will continue to rise towards the level of 1.3361 and possibly to 1.3390. Below the level of 1.3344, the price will drop to the level of 1.3320 and possibly even lower to 1.3260. The pound is trading above the monthly Pivot level of 1.3171 (previous 1.3255), above the weekly Pivot level of 1.3195, and near the daily Pivot level, indicating a bullish sentiment for the pair. The pivot level for this session is 1.3344. The resistance level is at 1.3361, with the first support at 1.3320.