GBP/USD Toward 1.34545: Buyers Returns

Research preview

Technical read GBP/USD trades near 1.34440 with range compression H1 structure, higher highs and higher lows H4 structure and a bullish daily trend. The first useful support band is 1.34259/1.34156/1.33918, while the topside decision band is 1.34545/1.34629/1.34710. H1 RSI is 34.7 and stochastic is 25.2/40.9, so the report should treat momentum as balanced rather than forcing a one-line call. H1 EMA20/EMA50 are 1.34416/1.34031, with MA50/100/200 at 1.33889/1.33431/1.33520. D1 EMA20/EMA50/MA200 are 1.33758/1.33745/1.34326. Fresh crossover: D1 bullish 20/50 EMA cross. 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 34.7 and stochastic is 25.2/40.9....