Although the GBP/USD failed to break 1.7 area but the overall sentiment for the pair is still positive in different time frames the pair shows that the next direction is still up.

In the monthly chart, the pair still above 1.68 important area and this shows that the pair will try again to break 1.7 soon.

In the weekly chart, the pair shows consolidation above 1.68 and this positive due to last strong resistance area, the pair may this month reach 1.74 area before going down to 1.715 at the month end.

Monthly chart
Weekly chart

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