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FxWirePro: GBP/USD maintains bullish bias with focus on 1.3600 level

• GBP/USD  strengthened  on Monday  as   dollar eased due to concerns over escalating tariff tensions.

• The greenback began the week weaker after Trump announced on Friday plans to double steel and aluminum tariffs to 50% starting Wednesday.

• With no major UK data today, the British pound will mainly follow moves in the U.S. dollar, as traders watch U.S. tariff updates and global trade news.

• Technical signals are  strongly bullish as  10-day and 21-day moving averages are trending upwards, signaling short-term bullish momentum for GBP/USD

•   Immediate resistance is located at 1.3582(23.6%fib), any close above will push the pair towards 1.3642( Higher BB)

•  Strong support is seen at 1.3450(38.2%fib) and break below could take the pair towards 1.338(50%  fib).

  Recommendation: Good to buy around 1.3500 with stop loss of 1.3430 and target price of 1.3600.

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