The GBPUSD did make a run to the upside in the early US session and in the process extended above a swing area between 1.3221 and 1.3230. I talked about that area in the earlier video starting at the 7-minute mark. The move above that level extended the price of the GBPUSD toward the high price reached at the end of August near 1.32659, but could not sustain momentum and has rotated back lower. Going forward, getting above 1.32659 price, would take the price of the GBPUSD to the highest level going back to March 2022 and have traders targeting that level at 1.32977 (call it 1.3300). Move above that and the door opens even more for more upside momentum. On the downside, the rising 100-hour m
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