The pair is trading above the moving average with a period of 55. This indicates a bullish trend for the pair Pound/Dollar. At the moment, the pair quotes are moving near the upper border of the Bollinger Bands indicator bars.
The test of level 1.3130 has passed and we expect further development of the upward trend from it. The purpose of this movement is the area near the level of 1.3350.
Chart PatternsTechnical IndicatorsTrend Analysis

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