Currency analyst

GBP/USD went North

On the daily GBP/USD chart the bulls managed to beat off the bears' attack. Support at 1.3072 held and then the pound went towards the upper border of the triangle. Successful test of the diagonal resistance will increase the risks of growth to 1.327, failure will make the pair return to the starting position.  

On H1 GBP/USD reached the target of the "Shark" pattern. Recoil from convergence area of 1.3061-1.3071 was the signal for the bullish attack. The break of resistance at 1.3166-1.3181 creates opportunity for the resumption of the short-term uptrend. If resistance holds, it would mean that the pair's forming "Head-and-Shoulders" pattern. 

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