Using the triple trap strategy, these are possible setups of this pair. As the pair is consolidating there is no clear idea where it might go so we wait for break and retest of the zones.

the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a channel, SNR and a possible trendline).
analysisGBPUSDh1Trend Analysistripletrap

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