GBPUSD forms a bearish channel. The bullish consolidation might break at 1.31546 level. If the price find resistance at 1.31546 level it will have a higher chances of revisiting the 1.29976 level or even break that level.
A shorterm uptrend is forming. As long as the price doesn't break the channel it will continue to go up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.