Only charts

The pair has topped at 1.3340$ this week after a rally from 1.2960$ area. The pair is currently trading at 1.3250$ . 61.8% fibonnaci of the move lies at almost 1.3110$. A break below 1.3080$ will reverse the bullish trend for gbpusd Main catalyst for the day will be non farm payroll data release. Rsi : the pair is almost trading in a trending channel , might be good to buy around 1.3220$ Target would be 1.3290$. My Recommendation : sell gbpusd anywhere near 1.3290$ with stoploaa on break of 1.3350$

it is 50% fibonnaci from the lows to recent highs. Also RSI shows some trending higher and might find support on third test. there is horizontal support at this area. stop-loss should be on break below 1.1275$

Gbpusd rallied as i predicted in my last analysis for the pair. However , i see profit taking at this area as long as it is unable to break above 1.3120$ .

Gbpusd has fallen sharply , almost 400 pips from year highs near 1.32$ , the pair is currently trading at 1.2790$ area and is showing signs for recovery soon. The pair is trending higher on RSI while trending lower on the chart , this is bullish divergence on the 4h chart. Plus this horizontal area is a tough support for the pair which is very tough to break and a break below will be a catalyst for further speedy sharp fall. I would recommend going long from that area with stop loss on break of 1.2740$ area.