FX.co ★ dusty24 | GBP/USD

GBP/USD, Friday, March 20, 2026

The GBP/USD major currency pair strengthened yesterday, rising to a price level of 1.34656 supported by the weakening of the USD Index. This morning, on the H4 timeframe, a candle is seen swinging at the price level of 1.34108, held back by the EMA200 orange line above the dynamic support line intersection of the EMA21 blue line with the EMA50 purple line. Meanwhile, the CCI14 indicator still appears to be swinging upwards, moving away from the neutral area of the zero line. In general, a trading plan to SELL GBP/USD for today would be a profitable choice, by placing a stop loss at the resistance area of 1.35000 and a take profit target at the support area of 1.32000.