GBP/USD At 1.35686: Continuation Improves
Research preview
GBP/USD Hourly, Daily And Weekly Candle Charts GBP/USD is trading near 1.35560 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 1.35560 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 1.35544-1.35642 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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