FX.co ★ dusty24 | GBP/USD

GBP/USD, Monday, April 13, 2026

The major currency pair GBP/USD opened this Monday morning with a DOWNWARD GAP due to the surge in the USD Index. On the H4 timeframe this afternoon, candles are seen swinging around the price level of 1.34000, moving upwards away from the dynamic EMA200 orange line crossing with the EMA50 purple line and EMA21 blue line. The bearish technical support direction is also evident in the CCI14 indicator, which is currently trending downwards away from the neutral zone of the zero line. In general, the trading plan to SELL GBP/USD for today still seems to be a profitable choice, by placing a stop loss around 1.34800 and a take profit target at the support area of 1.33000.