Home Analysis GBP/USD Momentum Watch Around 1.36029

GBP/USD Momentum Watch Around 1.36029

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GBP/USD Momentum Watch Around 1.36029

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GBP/USD Hourly, Daily And Weekly Candle Charts GBP/USD is trading near 1.36073 against the daily pivot at 1.35351, 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 1.36073 keeps the upside case alive while pullbacks stay controlled. The quality of the move depends on buyers held the latest candle above its open inside a 1.36022-1.36116 candle range, the recent sequence is still pressing higher, while price is testing resistance near R1 1.35507. A stronger read requires the next hourly close should either defend the reaction zone or expose a false start; Against...

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