Here are the most important forecasts for the GBP / USD pair during the day

Technical Analysis for GBP/USD
The GBP/USD pair is moving in an upward trend on the weekly and 4hour time frames. As mentioned in the weekly analysis video, the 1.3460 level is expected to act as a strong support, representing a Breaker Block on the 4hour chart. Prices are currently trading around 1.3490, with expectations of further bullish movement.

Key Economic News
The US dollar is awaiting medium-impact data today, including Durable Goods Orders and Core Durable Goods Orders (monthly). In addition, Consumer Confidence data is expected. These releases are likely to influence USD movements during the day, and consequently, the GBP/USD pair.

Liquidity Levels
If a 1-hour candle closes above 1.3505, prices are expected to rise towards 1.3545 and then 1.3590.

Invalidation Scenario
The bullish outlook will be invalidated if prices reach the 1.3390 level.

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