Weekly technical analysis of GBP-USD

The GBP / USD pair is trading inside a bullish channel on the h4 chart. And it is working on a positive attack to cross the resistance at 1.3077, and if the price succeeds in overcoming the resistance, buying will be the master of the situation until 1.3410 as the last target in the medium term. But in the event that the rising channel is broken and closed below the last low on the H4 chart, the pair will return negatively again, reaching 1.2465 as a medium-term target. The view of the husband is now neutral until the completion of one of the two scenarios, up or down. Traders are advised to maintain an appropriate stop loss for all of their trades.

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