GBP/USD Extends as Demand Around 1.34649

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GBP/USD Hourly, Daily And Weekly Candle Charts GBP/USD is trading near 1.34542 against the daily pivot at 1.34602, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. GBP/USD H1 candlestick chartOn H1 with price near 1.34542 favours caution on longs until the structure improves. The useful evidence is buyers held the latest candle above its open inside a 1.34509-1.34551 candle range, the recent sequence is still leaning lower, while price remains below pivot 1.34602. A better signal would be the next hourly close should either defend the reaction zone or expose a false start; Around the decision zone, a break back...