Pivot point: 1.3615
The expected scenario: entering into buying deals at the highest levels of 1.3615, targeting the levels of 1.3710 and then the 1.3790 .
Alternative scenario: entering short deals below the levels of 1.3615, targeting the 1.3440 levels.
Commentary: The GBP/USD pair is still maintaining the general upward trend, despite the downward trend that we witnessed during last week's trading, noting that the EMA50 rose above the EMA100 , which supports the positive outlook for the pair's trading in the short term.
