GBP/USD: Moving Average acted as resistance
There’s a “V-Top” pattern, which has been confirmed, so the price reached a support at 1.2260. Therefore, the pair is likely going to achieve the 34 Moving Average. If a pullback from this line be on the table, there’ll be an option to see an upward price movement. In this case, we should keep an eye on the 89 Moving Average as a possible intraday bullish target.