GBP/USD Improves Above 1.35094 as Tape Firms
Research preview
GBP/USD Hourly, Daily And Weekly Candle Charts GBP/USD is trading near 1.35005 against the daily pivot at 1.35058, 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 1.35005 is more useful as a level map than a momentum signal for now. The quality of the move depends on buyers held the latest candle above its open inside a 1.34967-1.35066 candle range, the recent sequence is compressed and two-sided, while price remains below pivot 1.35058. A stronger read requires the next hourly close should either defend the reaction zone or expose a false start;...
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