Trend analysis (Fig. 1).
The GBP/USD currency pair may move upward from the level of 1.2729 (closing of yesterday's daily candle) to 1.2751, the 21-day EMA (black thin line). In the case of testing this level, a downward movement is possible to 1.2692, the 14.6% pullback level (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis - up;Fibonacci levels - up;Volumes - up;Candlestick analysis - up;Trend analysis - up;Weekly chart - up;Bollinger Bands - up.General conclusion:
Today, the price may move upward from the level of 1.2729 (closing of yesterday's daily candle) to 1.2751, the 21-day EMA (black thin line). In the case of testing this level, a downward movement is possible to 1.2692, the 14.6% pullback level (red dotted line).
Alternatively, the price may move upward from the level of 1.2729 (closing of yesterday's daily candle) to 1.2799, the 61.8% pullback level (blue dotted line). In the case of testing this level, a downward movement is possible to 1.2751, the 21-day EMA (black thin line).