The GBP/USD trend analysis is presented below. This is the chart of the GBP/USD on the W1 and MN time frames. This MN time frame trend is still new and at the beginning of the cycle and has plenty of upside potential. Traders should set an audible buy alert at 1.2850 on this pair, noted by the yellow line. When the alert hits check The Forex Heatmap® forex heatmap for a confirmation buy signal.
Since the MN time frame uptrend is still at the early stages, the upside potential is up to the 1.3640 resistance, or possibly higher. The GBP is strong on all pairs right now based on an analysis if the trends by individual currency. Also, there are GBP (British Pound) and USD (US Dollar) news drivers tomorrow morning in the main session, so this trend could continue building tomorrow in the main forex trading session, which is one of the best times to trade the forex market. The W1 time frame is also presented, which magnifies the W1 trend so you can see the breakout points and targets much better.
These trade charts are easy to set up for all 28 pairs and the chart analysis techniques are available at Forexearlywarning.com for any trader.
Forex Trade Charts GBP/USD MN
Forex Trade Charts GBP/USD W1