GBPUSD chart view

Pair GBPUSD is still in consolidation and has supported the bottom line since March 14. The problem for the pound may be because we will soon come to the upper trend line, which may be a potential resistance on the chart. Looking at moving averages, we see that if a break occurs above the upper trend line, they move to the bullish side and increase bullish optimism. Our first bullish target is 1.32000, and then at 1.32500, we have resistance in the MA200 moving average. Our next target is the previous high at 1.33000. If further positive consolidation continues, then there is a probability that the pair will climb to 1.34000, the zone of the March maximum. We need a negative consolidation below 1.30500 and a lower support line for the bearish option. If she does not endure, the next potential support is this year's minimum and psychological level at 1.30000.