GBP/USD Bullish Signal Through 1.35002

Research preview

Technical read GBP/USD trades near 1.34884 with higher highs and higher lows H1 structure, higher highs and higher lows H4 structure and a bullish daily trend. The first useful support band is 1.34668/1.34588/1.34507, while the topside decision band is 1.35002/1.35087/1.35438. H1 RSI is 71.7 and stochastic is 68.7/71.8, so the report should treat momentum as stretched rather than forcing a one-line call. H1 EMA20/EMA50 are 1.34815/1.34704, with MA50/100/200 at 1.34666/1.34586/1.34283. D1 EMA20/EMA50/MA200 are 1.34303/1.34017/1.34377. No fresh 20/50 EMA crossover is active. A/D points to distribution on H1 and distribution on D1. Treat this as confirmation, because tick volume is directional pressure rather than exchange volume. H1 RSI is 71.7 and...