The negative US dollar supports the strength of the British pound, here are the most important forecasts

Technical Analysis of GBP/USD Pair
The GBP/USD pair continues to move in an uptrend on the 4-hour chart. Prices rose as highlighted in yesterday’s report, successfully breaking above 1.3590 and reaching 1.3645. The weakness of the US dollar supported the rise of both the pound and the euro. Prices are expected to continue their upward momentum throughout the day.

Key Economic News
The US dollar is awaiting today’s monthly retail sales data. This release is expected to impact the dollar’s movement during the day, and consequently, the GBP/USD pair as well.

Liquidity Levels
Prices are expected to continue rising and target 1.3682, though the mention of 1.3530 seems inconsistent with the bullish outlook and is likely a typo.

Scenario Invalidation
The bullish outlook will be invalidated if the pair revisits the 1.3490 level.