The GBP/USD currency pair may rise in the medium long term, according to the 8 hour chart. Even if the MACD is still positive, this pair will be into a range between 1.4100 and 1.4350 in the near term. This currency will break out of its range and there is a higher probability to reach around 1.4500 in the medium term.
According to the daily chart, the MACD will be positive in the next days. The MACD may remain positive until the price reaches Fibo 0.61. This pair may rise until at least 1.4785.
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