There are no obvious movements in the GBPUSD pair lately. All bearish initiatives were aggressively suppressed, but the price did not want to rise after that. As a result, the current situation remains unclear.

On the one hand, it would be nice to update the current minimum once again, and after that, having made a reversal, start growing confidently. On the other hand, the price is categorically not allowed to fall, by all means keeping the British currency rate at a certain level.

While this tenacious struggle for the initiative continues, it is not recommended to trade the pair in question.

Idea: Side.