Daily: A very strong false break on the lower Bollinger band at 1.3266 is a strong signal of a market reversal upward. We expect GBP in the range of the middle line (1.3418).

Н4: Here the possible growth is limited by the Bollinger bands at the resistance level 1.3369. There is also a rather low potential for trend formation, which confirms the weakness of the currency to break through the Bollinger Bands.

Н1: There is obvious bullish pressure, which is likely to weaken after working out the resistance range 1.3360-1.3369.

Conclusion: A rise to the range 1.3360-1.3369 followed by a downward reversal.

Trading solutions:

1. Buy up to 1.3360-1.3369.
2. Sell ​​from 1.3360-1.3369.