The pair has been moving in a range of the current “Triangle” pattern. It’s likely that the market is going to get a support at 1.4384 – 1.4342. If we see a pullback somewhere from here, bulls will probably try to catch a resistance at 1.4462 – 1.4510.
There’s a flat in progress, which is supported by the Moving Average lines. Therefore, the market is likely going to test a resistance at 1.4581. Considering a possible pullback from this level, bears are probably going to reach a support at 1.4462 afterwards.
GBP/USD, H4
GBP/USD, H1
Origin: FX BAZOOKA
