As you can see on this pair, price was trapped within a low volume bearish channel and as of recently, the bias has switched to bullish. Perfect opportunity to catch this breakout re-test and ride the next wave up.
Excellent trade on GBPUSD. As you can see, there was a clear breakout on the daily time frame and price is gently resting on the TL. Expect the bulls to wipe out the bears here shortly.