4 hour
The GBP/USD is unable to break the support (blue) and resistance (red) trend lines. A breakout is needed before a larger directional move can be expected, although a bullish breakout still faces resistance from the Fibonacci levels of wave 2 (orange).
1 hour
The GBP/USD could be expanding the choppy correction via a complex correction of WXY (green).
4 hour
1 hour
Origin: Admiral Markets
