GBP/USD is trading near 1.3403 on the 4-hour chart, up about 0.1% today. The pound jumped to 1.3434 on Friday, pulled back to 1.3379, and is climbing again. A rising trendline, a line connecting higher lows since October 14, supports the move, and both moving averages are below price.

The first resistance, where sellers tend to step in, is 1.3434, then 1.3470. The first support, where buyers tend to step in, is 1.3379, then 1.3340.