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The British pound continues to rise against the US dollar, maintaining the bullish path, benefiting from stability above the support level 1.3170, approaching a few points difference from the goal published in the previous analysis at 1.3285, posting a peak at 1.3273.
Technically, we are biased towards the positivity given the stability above 1.3200 with the positive motive coming from the 50 SMA, with the RSI gaining upward momentum.
Thus, the bullish scenario will remain intact, targeting 1.3300 as a first target, followed by 1.3330, and the gains may extend later towards 1.3380.
As a reminder, activating the suggested scenario requires stability in general above 1.3170.
| S1: 1.3215 | R1: 1.3300 |
| S2: 1.3160 | R2: 1.3330 |
| S3: 1.3110 | R3: 1.3380 |
