GBPUSD is testing our Pivot point, potential for a rise

Price is testing our Pivot point at 1.33472, which is in line with our 61.8% and 38.2% Fibonacci extension. We could potentially see price bounce above this level, where it could further rise towards our 1st resistance level at 1.34229. It is worth noting that the Ichimoku cloud is showing bullish pressure in line with our analysis. Trading FX & CFDs carries high risk.