Pound Analysis (Daily Time Frame)
GBP is trading within an ascending channel on the daily time frame, continuing its strong upward trend and approaching the weekly flip zone. The 1.321 and 1.30 levels are valuable areas for buy positions.
The 1.36 and 1.38 levels are key zones for sell trades.
Pound Analysis (4-Hour Time Frame)
In the 4-hour time frame, GBP remains in an uptrend. The liquidity above has been swept, and the price is pulling back toward the 1.33 area. If this level breaks, a further drop to 1.32 is possible.
The green zones represent valuable buy areas for GBP.