FX.co ★ dusty24 | GBP/USD

GBP/USD

Sunday technical analysis of the pair on the 1-hour chart. From the low (1.3148) the price has started to move back up. The price has begun to work off the large blue zone; the red zone, which has only just started to form, can be used by the price as a support level during the rise. The price may fully work off the blue zone and then return upward into the range of its previous flat around the 1.3437 level.