GBP/USD Momentum Watch Near 1.35094

Research preview

Investor-Level Read GBP/USD is trading near 1.34991 with a developing, but still dependent on price acceptance profile; the next directional clue should come from how price behaves after the first test of support or resistance. Price is trading below the daily pivot at 1.35058, which leaves the first read vulnerable unless the pivot is reclaimed. The working support band is 1.34890 / 1.34806 / 1.34664, while the resistance band is 1.35094 / 1.35266 / 1.35438. Daily R1 at 1.35310 and S1 at 1.34813 define the first tactical range. Internal models have flipped from Buy to Strong Buy for GBP/USD. The shift puts upside continuation in focus, with price near 1.35077,...