4 hour
The GBP/USD failed to break above the resistance trend line (red) and remains in a triangle chart pattern. Price will need to break the S&R before a new trend becomes visible.
1 hour
The GBP/USD is broke below the support trend line (dotted green) and could be building a bearish ABC (orange) zigzag within a larger WXY correction (grey) unless price manages to break above resistance (red).
4 hour
1 hour
Origin: Admiral Markets
