The GBP/USD has been making a progressive trend move towards 1.3310. However, here is still resistance out there that needs to be taken away. The pair has formed W bullish pattern and the POC zone is wider today due to Friday’s price action and confluence tools. 1.3195-1.3225 is the POC zone (W, Order block, ATR pivot, D L3, trend line, EMA89) and we might see another spike towards 1.3260 zone.
However H1 momentum or 4h close above W H3/D H4 1.3272 is needed for a further push towards 1.3310 and 1.3327 eventually. A move below 1.3150 will put a pair in neutral territory again.
