On GBP/USD Н1. The pair is trading above the day's opening level of 1.3460 and above the daily Pivot level of 1.3444. Key indicators show a northward direction and the price is above the MA72 trend line, where volume unloading usually occurs. Above the level of 1.3472, the pair will continue to rise to the level of 1.3481 and possibly to 1.3490 and higher. Below the level of 1.3472, the price will drop to the level of 1.3460 and possibly lower to the level of 1.3444 and below. The pound is trading near the monthly Pivot level of 1.3472 (previous 1.3464), above the weekly Pivot level of 1.3444, and above the daily Pivot level, indicating a strong correctional sentiment for the pair. At the moment of this session, the monthly Pivot level is 1.3472. The first resistance level is 1.3481, the first support is 1.3460.
