4 hour
The GBP/USD bullish channel (red/green) has reached the top of the channel (orange) and the resistance of the sideways range (red). A breakout above the resistance could indicate a new uptrend whereas a bearish bounce could see price fall back to the bottom of the channel.
1 hour
The GBP/USD has reached a key decision zone for a bearish bounce or bullish breakout.
4 hour
1 hour
Origin: Admiral Markets
