GBPUSD is at the trendline and retesting it. The pair rebound near the support yesterday. The price may be forming a small triangle in smaller time frame awaiting breakout. The support is at 1.6030 and resistance is at 1.6160.
GBPUSD is still in uptrend in daily chart with a tweezer bottom and piercing pattern.
By The Backyard Burner
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