Outlook on GBP/USD

Weekly structure has been bearish in respect to its down trend and has just formed a new lower high, which would either breakout of it’s bearish trend or drop to form a new low.

Daily structure been on an uptrend from March2020 which has also formed a rising wedge.

4H sture has been on the rise but seems to be forming sideway channel or could break low and form a Double Top (M) structure

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