GBP/USD Lifts Into 1.35266

Research preview

GBP/USD Hourly, Daily And Weekly Candle Charts GBP/USD is trading near 1.35065 against the daily pivot at 1.34778, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. GBP/USD H1 candlestick chartHourly price action with price near 1.35065 keeps the upside case alive while pullbacks stay controlled. The quality of the move depends on sellers closed the latest candle below its open inside a 1.35055-1.35099 candle range, the recent sequence is still pressing higher, while price remains above pivot 1.34778. A stronger read requires the next hourly close should either defend the reaction zone or expose a false start; Against the level...