From Higher time frame I can see that a rising wedge pattern has been formed as shown by the green trend lines, near a key resistance area , which price failed to break above it multiple times.
adding on to the confluence, in the 1-H time frame i can see a triple top pattern being formed as shown by the orange path drawn, near the key resistance area, indicating the price to fall.
I expect the GBP/USD to fall until it reaches the next key support area marked by the green rectangle, thus following the grey path that is drawn.
adding on to the confluence, in the 1-H time frame i can see a triple top pattern being formed as shown by the orange path drawn, near the key resistance area, indicating the price to fall.
I expect the GBP/USD to fall until it reaches the next key support area marked by the green rectangle, thus following the grey path that is drawn.