Recently, the GBP/USD has been trading upwards. As I expected, the price tested the level of 1.3410. According to the H1 time frame, I found broken bullish flag in the background, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities on the pullback. The upward targets are set at the price of 1.3470 and at the price of 1.3570.
Resistance levels:
R1: 1.3410
R2: 1.3445
R3: 1.3495
Support levels:
S1: 1.3326
S2: 1.3275
S3: 1.3242
Trading recommendations for today: watch for potential buying opportunities.
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