GBP/USD has been on the march for the latter part of December and is starting the New Year on the front foot. The following illustrates the prospects of a bullish extension for the sessions ahead.

The daily chart shows that the price is on the way towards mitigating the space between here and 1.3605. However, for the meanwhile, there are prospects of pressures to the downside towards 1.3520.

The hourly chart shows prospects of a price running into support near 1.3520 and correcting back to the upside for a higher high in the coming sessions.