These charts and drawings are meaningless, the Brexit deal or no-deal which most likely will come out these days will determine where the trend will go. There is not progress at the moment that is why the price just bounces between 1.33 and 1.34
@Helena_FX fantastic constructive feedback there. I was going to check out one of your charts as a comparison but I see you don’t have any. Of course, GBPUSD completely comes down to brexit. It has nothing to do with how the dollar performs, NFP, DXY, Jobless Claims, FTSE100 or anything like that. Brexit, whilst being the aspect that is currently under the spotlight, is not the be all and end all of GBPXXX pairings. There are so many aspects including several key technicals.