{"id":126825,"date":"2026-05-07T10:47:00","date_gmt":"2026-05-07T06:47:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=126825"},"modified":"2026-05-07T10:22:09","modified_gmt":"2026-05-07T06:22:09","slug":"pound-picks-up-bullish-signals-7-5-2026","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/pound-picks-up-bullish-signals-7-5-2026\/05\/07\/tech-analysis\/","title":{"rendered":"Pound Picks Up Bullish Signals 7\/5\/2026"},"content":{"rendered":"\n<p><strong>GBP\/USD Technical Analysis<\/strong><\/p>\n\n\n\n<p>The GBP\/USD pair managed to register modest gains during the previous trading session after successfully securing support at the 1.3540 level.<\/p>\n\n\n\n<p><strong>Technical Outlook \u2013 4-Hour Timeframe:<\/strong><\/p>\n\n\n\n<p>With respect to intraday dynamics, the simple moving averages have resumed their role as dynamic support beneath the price, reinforcing the continuation of the prevailing daily uptrend.<\/p>\n\n\n\n<p>The Relative Strength Index (RSI) is likewise broadcasting clear positive signals, mirroring the gradual improvement in bullish momentum and lending weight to the constructive scenario over the current period.<\/p>\n\n\n\n<p>Sustained trading above the 1.3545 support floor preserves the bullish bias, with upside targets set at:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1.3645 as the initial objective<\/li>\n\n\n\n<li>Followed by 1.3700 as the subsequent target<\/li>\n<\/ul>\n\n\n\n<p>Conversely, a decisive break beneath the 1.3540 support would reignite the bearish trend, paving the way toward:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1.3480 as the initial downside target<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk Alert:<\/strong> Risk levels remain elevated amid persistent trade frictions and geopolitical tensions \u2014 all scenarios should be considered plausible.<\/p>\n\n\n\n<p>Trading CFDs involves risks, and therefore all scenarios may be plausible. The information provided above is not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>S1: 1.3540<\/strong><\/td><td><strong>R1: 1.3650<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a01.3480<\/strong><\/td><td><strong>R2: 1.3700<\/strong><\/td><\/tr><tr><td><strong>S3: 1.3435<\/strong><\/td><td><strong>R3:\u00a01.3750<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD Technical Analysis The GBP\/USD pair managed to register modest gains during the previous trading session after successfully securing support at the 1.3540 level. Technical Outlook \u2013 4-Hour Timeframe: With respect to intraday dynamics, the simple moving averages have resumed their role as dynamic support beneath the price, reinforcing the continuation of the prevailing daily &hellip;<\/p>\n","protected":false},"author":9,"featured_media":126834,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7770,7046],"class_list":["post-126825","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-fomc-minutes","tag-sterling"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=126825"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126825\/revisions"}],"predecessor-version":[{"id":126835,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/126825\/revisions\/126835"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/126834"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=126825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=126825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=126825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}