From Monthly to 4h overview.
On monthly we see that we were making Lower Lows and Lower Highs, until price broke a very strong support zone and droped really hard coming down to 1.06 zone. Price after that went back to that Support zone which become a very strong resistance until it broke finally and giving us back a touch at the previous trendline which...
After bearish trend, we can clearly see the price correction which after it was followed with uptrend.
In uptrend we are able to define a bearish rising wedge and price broke it.
On weekly we are still bullish. On daily, we sit on a very strong support, on smaller time frames we see break and retest. Gbp will bounce back at 1.39 zone again.
