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FX.co ★ dusty24 | GBP/USD

GBP/USD

A confident rise in GBP/USD is seen on the chart since the start of this trading week. Yesterday, we started from the support at 1.3380, and today we are already trading above 1.3500. The nearest local resistance is around 1.3530. We approached it very closely this morning and had a slight pullback. I chose not to sell the pair because I expect to see new highs during the day. I would like to consider the first sales near the level of 1.3570. Buying the pair right now is very challenging as we need a good correction at least to the level of 1.3480. I am currently waiting for the situation to develop, expecting the main volatility during the American session.

GBP/USD

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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