FX.co ★ GBP/USD

Hello traders, On GBP/USD Н1, the pair is trading below the day's opening level of 1.3530 and above the daily Pivot level of 1.3472. The main indicators show a bullish trend, and the price is above the MA72 trend line, where volume unloading usually occurs. If the price goes above the 1.3500 level, the pair will continue to rise towards 1.3530 and possibly 1.3575. If the price drops below the 1.3500 level, it will move towards 1.3472 and possibly lower to 1.3444. The pound is trading below the monthly Pivot level of 1.3630 (previous 1.3388), below the weekly Pivot level of 1.3526, and above the daily Pivot level, indicating a corrective sentiment for the pair. At the moment, the psychological level of 1.3500 is a key point in this session. The first resistance level is at 1.3526, and the first support is at 1.3474.