On the 4-hour chart, the main currency pair GBP/USD shows deviations in its price movement using the Stochastic Oscillator indicator, which gives an indication that in the near future there will be a strengthening of the Cable where the level of 1,2697 will try to be tested, but in the course of strengthening it could Of course, GBP/USD was corrected again, weakening down to level 1,2650, but as long as it does not broken below level 1,2632, GBP/USD still has the potential to continue strengthening up to level 1,2730 as the main target and if the momentum and volatility are supportive then 1,2777 will be the next target to achieved by GBP/USD in the near future.
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