Main Scenario: As long as GBPUSD stays above 1.3558, the main trend will be upwards. Then the pair may up to 1.3609 price level
Target Expectation: 1.3609
Considerations Supporting The Scenario:
The dollar started the week with support as traders bet U.S. inflation data and appearances from several Federal Reserve officials would bolster the case for higher interest rates.
Alternative Scenario: An alternative expectation may be taken into account in case of a close below 1.3558
Alternative Target Expectation: 1.3530