We can see that price is at a good support zone
on the 4H chart and on the daily chart
price has been consolidating, ranging or just moving sideward for weeks, all this makes this a good strong setup in our eyes for a bounce and bullish
movement up to our green resistance zone
If this trade plays out you could bag yourself 150+ pips, not bad for a snack ;p
But obviously with trading any GBP pairing around brexit you have to be careful and use correct risk management to avoid getting f#cked.