FX.co ★ GBP/USD

On GBP/USD Н1. The pair is trading near the day's opening level at 1.3060 and near the daily Pivot level at 1.3084. Key indicators show a bearish trend, and the price is below the MA72 trend line, where volume unloading usually occurs. Above the level of 1.3084, the pair will continue to rise towards the level of 1.3100 and possibly 1.3123. Below the level of 1.3084, the price will drop to the level of 1.3060 and possibly even lower to 1.3015. The pound is trading below the monthly Pivot level at 1.3255 (previous 1.3496), below the weekly Pivot level at 1.3157, and near the daily Pivot level, indicating a bearish sentiment for the pair. The pivot point for this session is the daily Pivot level at 1.3084. The resistance level is at 1.3100, with the first support at 1.3060. Below the daily Pivot level at 1.3084, the bearish trend is a priority.