DislikedI see the technicals pointing upwards for gbp/usd. Look at this 4 hour chart. We see the moms in agreement slightly bullish. We see the 5 sma close has crossed above the 5 sma open. The green 22 sma is above the brown 55 sma. Candlestick patterns shows a continuation upward. The green 22 sma has held as resistance 2 times. The 3rd attempt will break her and target the aqua colored 100 sma.
Wednesday is triple swap day.
The monthly chart one candle mom is pointing up and trying to break the 100 level which tells us that the pair will test the 5 sma channel by Thanksgiving, just as the geppy monthly chart shows us.Ignored
RSI on 1 hr has broken its upper TL and now same TL acting as support.
down move found support on fibo 38.2, before bouncing a little bit,
once we break the upper TL of the bull flag... 166.69 seems to be an easy target at fibo 161.8
ps: notice the similar rsi breakout on e/u, g/u and e/j as well