Four-hour chart of GBP/USD. From the reversal level (7/8) the price showed a corrective pullback downwards. The currency pair found support at the level (5/8). Now the price resumed the upward movement. From the current positions we expect the quotes to grow towards the resistance area formed near the line of the four-hour supertrend and the level (6/8). Above the level (6/8) we are waiting for the formation of reversal signals and decrease of quotes in the direction of the main support/resistance level (4/8).

Recommendations: Sell 1.2885 TP 1.2817