Note: This section contains information in English only.GBP/USD 4H chart shows the pair trading at 1.35065, currently pulling back to test the upper boundary of its established ascending parallel channel after a brief breakout attempt peaked near the 1.3550 horizontal resistance. This current level around 1.3500 serves as a critical junction; if the price holds above it, the old channel resistance will convert into new support, validating a bullish continuation toward 1.3600. However, if the price drops firmly back into the channel, the move will be classified as a false breakout, likely driving a deeper correction toward key downside horizontal support levels at 1.3435 and 1.3390.
Thu, 16 Jul 2026 11:05:04 GMT
Source: Dukascopy Bank SA