GBPUSD is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of GBPUSD could test 1.3326 within the next 11 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
GBPUSD – approaching a resistance line that has been previously tested at least twice in the past
