The secondary trend of GBPUSD
is sideways on charts. In its hourly chart, the pair is consolidating with strong positive bias and is likely to give break out at upside. Its 30 and 200 DMA are also supporting the upcoming bullish trend
in the pair. It is facing an important resistance at the level of 1.5475. If it breaks its resistance level
of 1.5475 at upside then we can expect it to show further upside movement.