FX.co ★ dusty24 | GBP/USD

GBP/USD. The British pound is trying to gain weight against the US dollar today, at least attempting to start doing so by setting up a base for a possible northern movement. Targets for this potential growth are located around 1.3570 and 1.36 respectively, although another approach to the 1.36 resistance area clearly will not go without attempts to break through, as it was at the end of last week. In general, the technical picture inside the range of 1.3460-1.36 has somehow changed to a bullish one with the false breakout above 1.36 on Friday, so most likely, in the near future, we can expect another test of this level, and then a possible breakout from the range by consolidating above 1.36.