4 hour
The GBP/USD is building a corrective pattern in the larger uptrend. A break above the resistance trend lines (orange/red) could see price move towards the Fibonacci targets whereas a break below support (blue) could see price make a larger bearish correction.
1 hour
The GBP/USD is building an ABC corrective pattern. The breakout direction depends on the price’s reaction versus the trend lines.
4 hour
1 hour
Origin: Admiral Markets
