Daily chart: the pound continues to consolidate in the zone of the middle Bollinger band (1.3944), thus gaining the potential necessary for the continuation of the uptrend. It is very likely that this trend will remain unchanged today, as evidenced by the falling ADX.

Н4: the local sideways corridor within the Bollinger envelopes is also preserved (1.3880-1.4002). As you can see, key events are taking place in the middle Bollinger band (1.3944-1.3955).

Н1: Bollinger envelopes are also kept horizontally on the hourly chart. Therefore, today’s trading range is 1.3922-1.3981. Here ADX is in a strong zone, so short-term high volatility is possible.

Conclusions: flat in the range 1.3922-1.3981.
Trading decisions: trading from the boundaries of the range 1.3922-1.3981.