The pound pairs have recently been spiralling down with no stop in sight. However, this pair seems to have finally found a support and come to a halt.
A breakout of the 4 hour has taken place but I would be cautious as it could be a fake out.
Having said this, I will be adding longs if it retests off my or if it does come back down to my buy zone - upon confirmation (price action).
Trade safe and good luck!