Pivot point: 1.3700
The expected scenario: Entering buying deals at the highest levels of 1.3700, targeting the levels of 1.3830.
Alternative scenario: entering short deals below the 1.3700 levels, targeting the 1.3570 levels.
Commentary: The general trend is still bullish on the GBP-dollar pair, after the positive closings that the pair witnessed during the last week's trading, thus maintaining the ascending price channel, and after we witnessed The price consolidated above the moving averages (50 - 100), in addition to a positive deviation in the liquidity flow indicator, which supports the positive outlook for the pair's trading in the short term, with targeting the levels mentioned above.
