GBP/USD seems undecided
The GBP/USD pair moves in a range pattern between 1.3511 and 1.3610 levels. As you can see on the H4 chart, the price failed once again to jump above 1.3610 and to confirm an upside continuation. Now, it's traded at 1.3539 and it continues to challenge the downtrend line.
Technically, only escaping from the range pattern could bring great trading opportunities. In the short term, the GBP/USD pair could continue to move sideways before moving in one direction.
GBP/USD trading conclusion
Dropping and stabilizing below the 1.3511 could announce more declines and could help the sellers to catch a new downside movement.
