GBP/USD, Technical Analysis — H1

The pair is clearly forming an upward reversal from the 1.3200 level. After a retest of this support, a recovery of around 100 pips toward the next round level at 1.3300 looks feasible.
Key Levels:
□ 1.3200 (support)
□ 1.3300 (resistance/target)
Primary Scenario:
Retracement to 1.3200, followed by a rise toward 1.3300.
Alternative Scenario:
Rise toward 1.3300 from current levels.
Analyst Commentary:
Pending buy orders from 1.3200 represent a suitable trading approach.