The GBP / USD pair is trading inside a bullish channel on the H4 chart, and bounced back down from the upper leg to test the support area indicated by the blue rectangle in the chart above. The pair rose very positively and surpassed the resistance that became support now, as it aims to test the previous high at 1.34. The condition for the continuation of the uptrend is not to break the lower leg of the ascending channel, and to maintain it without crossing the downside support. Traders are advised to maintain a suitable stop loss.