TECHNICAL ANALYSIS

GBPUSD is testing the level of 1.3500. Highest level since December 2019


Buyers drive up the price in the binding

The GBPUSD moves higher in the fixing (just passed 11 am ET / 4 pm GMT).

Buyers drive up the price in the binding

The bull run takes the pair to 1.3500 and the highest level since December 2019, when the price hit 1.35139 (it was the highest for 2019). Earlier today, the price topped the 2019 high price at 1.34816. It is now a near risk for buyers.

Buyers have the bit in their mouth and run with it. A move above the 1.35139 level should trigger more buy polls.

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