GBPUSD Daily: waiting for the bullish trend to be continuing, otherwise - ranging
The daily GBPUSD price is located above Ichimoku cloud in the bullish area of the chart. Chinkou Span line crossed the price on historical data indicating the strong bullish trend as well. The price is located within 1.3286/1.3436 s/r channel for trying to break the resistance to above for the strong bullish trend. If the price bounces from resistance at 1.3436 to below on daily close bar so the secondary ranging condition within the primary bullish trend may be started. If the price breaks the support level to below so we may see the primary bearish reversal to be started in the near future for example. Recommendation: waiting for direction.
