A per the New York session analysis, GBP/USD Price Analysis: Bulls looking for a discount to target 1.3380/90 confluence area, GBP/USD bulls bought back into the breakout at a discount. Subsequently, the price has started to move higher and is embarking on a test of the 1.3330s:


A break of the area and a subsequent restest of it could lead to a continuation higher should the area act as a fresh support structure for the bulls to lean against.