FX.co ★ dusty24 | GBP/USD

Hello traders, I wish you a great weekend. I draw your attention to the four-hour chart of the GBP/USD currency pair, where we can see that at least since April until now, there is a clear upward trend. Although bears are allowed to make corrections from time to time, the recent ones are becoming shorter, as indicated by the lows of the pair marked by the "Zigzag" indicator, located in the upward trend. I believe that in the same manner, the movement to the north will continue, and in the near future, we can expect a short-term pullback of GBP/USD down from the current position of 1.3630 to a support at 1.3585. I hope that there, the GBP/USD pair can bounce back from the rising 14-period moving average line back towards the north, remaining above both bands of the rising trend indicator "2 EMA Color Alerts", which will later lead to further growth towards the 1.3700 level. I would like to remind you that the main goal of the long-term growth of the British pound is to reach the psychologically important level of 1.4000.