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GBPUSD: Waiting for a breakout

Pound Inggris / Dollar AS (FX:GBPUSD)  
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FX:GBPUSD   Pound Inggris / Dollar AS
Trend Analysis Chart Patterns Technical Indicators Forex signal GBPUSD optionsstrategies
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Hello dear friends!

GBPUSD continues to trade around the support level of 1.255 and moves within a narrowing price range. Any breakouts from the current trend will accelerate the pace of trading for this currency pair.

The main trend is still biased towards a decline, so after breaking out of the current trend, GBPUSD is likely to move towards a lower support level around 1.247.

What do you think, will GBPUSD rise or fall?
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