Outlook on GBP/USD

H4 price action has been bullish from 30th June 2020 Price then broke higher and went sideways re-testing the channel. It has risen to the top of the channel and seems to be breaking out once more. A break and retest through 1.33730 will confirm the bullish trend.

In the case of a reversal; a break and retest at 1.33088 will confirm the bearish move.

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