The pound-dollar is stuck in a stagnant zone between a H1 supply level at the top and a H4 demand zone at the bottom.
At the moment, it seems that moving from the bottom to the top can be interpreted as making a kind of ABCD pattern.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.