Technical Analysis for GBP/USD Pair
The GBP/USD pair is moving in an upward trend on the one-hour timeframe, and prices have bounced upward from an FVG zone on the four-hour timeframe around 1.3355, which supports the bullish outlook. Prices are currently trading around 1.3376, and an upward move is expected throughout the day.
Key Economic News:
The U.S. dollar awaits unemployment claims data today. These numbers will impact the dollar’s movement and therefore affect the GBP/USD pair.
Liquidity Levels:
Prices are expected to rise and target 1.3435, followed by 1.3470.
Invalidation Scenario:
The bullish trend is invalidated if a one-hour candle closes below 1.3325.
Additional Technical Notes:
