GBP/USD defends 1.3700, recently picking up bids near 1.3720, during a pullback from 50-SMA. Even so, the cable pair keeps the previous day’s upside momentum, the heaviest since early July. That said, a clear upside break of a short-term resistance, now support near 1.3660, joins firmer Momentum and the ability to rebound from a rising trend line from July to keep buyers hopeful.
Hence, the quote is likely to overcome the immediate SMA hurdle near 1.3750 during the further upside.#GBP/USD#
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