GBP/USD is upward oriented. The strong resistance at 1.3940 (17/01/2018) is now broken. The technicals is therefore positive. Hourly support remains at a distance of 1.3458 (11/01/2018 low).
The long-term technical pattern is reversing. The Brexit vote had paved the way for further decline but the pair is now moving upward. A long-term support given at 1.1841 (07/10/2017 low) and a strong resistance at 1.5018 (24/06/2016 high) are identified.
 is now broken. The technicals is therefore positive. Hourly support remains at a distance of 1.3458 (11/01/2018 low).){kind=link}