Pivot Point: 1.3450
The expected scenario: entering into buying deals at the highest levels of 1.3450, targeting the levels of 1.3570 and then the 1.3620.
Alternative scenario: entering into short deals at the lowest levels of 1.3450, targeting the 1.3350 levels
Commentary: The GBP/USD pair is still in a general bearish trend on the medium and short term, as prices reached 1.3350 levels, which represent strong demand areas that have already worked on rebounding the price to the upside, so we are likely to witness a correction wave to the top. And targeting the levels of 1.3620, especially in light of the presence of the liquidity flow indicator in oversold areas.
