The main trend is still bullish. It’s likely that the pair is going to test the next resistance at 1.3765 – 1.3834 in the short term. However, if a pullback from this area happens little later on, there’ll be an opportunity to have a bearish correction towards the nearest support at 1.3635.
The pair faced with resistance at 1.3765, so bears are likely going to test the closest support at 1.3692 – 1.3656 in the coming hours. Meanwhile, if a pullback from this area happens afterwards, we could have another upward price movement in the direction of the next resistance at 1.3765 – 1.3834.
GBP/USD H4
GBP/USD H1
