Technical analysis:
GBP/USD has been trading sideways at the price of 1.1918. Anyway, I see potential for the breakout of the tight range.
Trading recommendation:
Due to the breakout of the tight range and the strong upside trend in the background, I see potential for further growth.
Watch for buying opportunities with the upside objectives at 1.2030 and 1.2300
Stochastic Oscillator is showing fresh bull cross, which is good sign for the further rise.
Key support is set at the price of 1.1830
