FX.co ★ dusty24 | GBP/USD

Hello traders, The situation with the GBP/USD currency pair has not changed much. The 4-hour chart shows that the pair is in a bullish trend. The price is above the Ichimoku cloud, indicating an upward momentum. This means that it is possible to enter a long position. During the last trading session, the pair continued to move north, bulls managed to stay above the reversal level, and currently, the pair is trading at 1.3413. The intraday reference point for growth is the classic Pivot reversal levels. I assume that the pair will continue to rise from current levels, and a breakthrough above the third resistance level at 1.3496 will lead to a new wave of growth and further movement north above the resistance around 1.3628. However, if bearish players return to the market, the support level at 1.3122 will be the reference point for the current section of the chart.