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

Hello traders, On GBP/USD H1, the pair is trading below the day's opening level at 1.3620 and below the daily Pivot level at 1.3632. Key indicators are showing a bearish trend, with the price below the 72-period moving average trend line, where volume unloading usually occurs. If the price rises above the 1.3630 level, the pair will continue its upward movement towards 1.3632 and possibly 1.3668. If the price drops below the 1.3630 level, it will likely fall towards 1.3590 and possibly even lower to 1.3565. The pound is trading below the monthly Pivot level at 1.3630 (previous at 1.3388), below the weekly Pivot level at 1.3616, and below the daily Pivot level, indicating a bearish sentiment for the pair. The key level for this session is the monthly Pivot level at 1.3630. The first resistance is at 1.3632, while the first support is at 1.3590.