What we can see above is GBPUSD on the Daily, and just want to give an overall outlook on the pair.
The 21st of Dec which is the winter solstice date indicated by the red vertical line shows how the market turned around and moved to the upside.
We can see we have been trading in a downtrending channel, and we are near a key line which was once a strong support...
GBPUSD is currently trading in a downwards channel and I'm expecting a retest around 1.36000 to continue trading within this support and resistance zone.
Also capability to have a break out to the bullish side where we will look for a break and retest where resistance will then become support
