FX.co ★ Game of Life: Visionary Insights into the Forex Market!

Hello traders, On GBP/USD H1, the pair is trading above the day's opening level of 1.3390 and above the daily Pivot level of 1.3386. The main indicators show a bullish trend, and the price is above the 72-period moving average trend line, where volume unloading usually occurs. If the price goes above the 1.3410 level, the pair will continue to rise towards 1.3430 and possibly to 1.3465 and beyond. If it drops below 1.3410, the price will fall to 1.3390 and possibly even lower to 1.3380 and below. The pound is trading above the monthly Pivot level of 1.3288 (previous 1.3547), above the weekly Pivot level of 1.3232, and above the daily Pivot level, indicating a bullish sentiment on the pair. At the current moment of this session, the key level is 1.3410. The first resistance level is at 1.3430, with the first support at 1.3390.