The GBP/USD is currently in a noisy consolidation period on the D1 timeframe.
If we take a look at the Technical Analysis, we see that overall trend is in a short/neutral state.
If price breaks and holds above 1.313932, then we have a nice setup for a long entry.
If price breaks and holds below 1.299511, then we have a nice setup for a short entry.
Our long target range is 1.319612 – 1.327565
Our short target range is 1.29405 – 1.28766
Cheers to another successful week!