GBP/USD Trend Signal Past 1.34700

Research preview

Technical read GBP/USD trades near 1.34597 with higher highs and higher lows H1 structure, range compression H4 structure and a bullish daily trend. The first useful support band is 1.34492/1.34407/1.34326, while the topside decision band is 1.34700/1.34805/1.34901. H1 RSI is 53.5 and stochastic is 25.6/49.7, so the report should treat momentum as balanced rather than forcing a one-line call. H1 EMA20/EMA50 are 1.34607/1.34519, with MA50/100/200 at 1.34453/1.34523/1.33846. D1 EMA20/EMA50/MA200 are 1.34041/1.33876/1.34354. 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 53.5 and stochastic is 25.6/49.7....