FX.co ★ GBP/USD

On GBP/USD H1. The pair is trading below the day's opening level of 1.3420 and below the daily Pivot level of 1.3432. Key indicators show a bearish trend and the price is below the MA72 trend line, where volume unloading usually occurs. Above the level of 1.3410, the pair will continue to rise to the level of 1.3432 and possibly to 1.3444 and higher. Below the level of 1.3410, the price will drop to the level of 1.3400 and possibly lower to the level of 1.3365 and below. The pound is trading below the monthly Pivot level of 1.3472 (previous 1.3464), below the weekly Pivot level of 1.3444, and below the daily Pivot level, indicating a bearish sentiment on the pair. The current fork at this session is the level of 1.3410. The first resistance level is 1.3432, the first support is 1.3400.