Summary

• GBP/USD has reclaimed the key psychological level of 1.35000, which now serves as a foundational support zone.
• The analysis presents a cautiously optimistic outlook, with medium-term momentum shifting toward the bulls based on the H4 chart MAs.
• Two potential trade setups are detailed: a bullish retest near 1.35380-1.35400 and a breakout play above the 1.35844 resistance level.

By Zain Vawda

The British pound has showcased significant resilience over the past few sessions against the greenback. After finding solid ground near the psychological 1.3500 handle, cable has embarked on a steady recovery, supported by a confluence

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