The pair remains supported near 1.3642, with buyers defending the rising 100-hour moving average at 1.3633.
GBPUSD has maintained a bullish stance, trading above its rising 100-hour moving average at 1.3633 after a recent rally from 1.3272 to 1.3674. The pair has consolidated in a tight 29-pip range between 1.3623 and 1.3652, with buyers defending the key technical level.
Prior support was found at the 200-hour moving average near 1.3587, which held on August 13. Analysts see the 1.3674 level as the next resistance, with further upside targets at 1.3725-1.3772 if broken.
A sustained move below the 100-hour MA could shift sentiment modestly lower, with initial support at 1.3617 and 1.3587.