GBP/USD is in strong uptrend as we saw recently rate hike by Bank Of England, and UK economy doing good in terms of economic growth as well as inflation is around 3%. More rate hike are possible, but at the moment economy and labour market as well as inflation is in transition phase and there is little easing on these fronts. So I expect some retracement before next growth.
TECHNICAL TOOLS: BOLLINGER BANDS, ICHIMOKU CLOUD, TVS, RSI
CHARTS: WEEKLY CHART AND MONTHLY CHART
BOLLINGER BANDS: GBP/USD is near the upper level of Bollinger Bands on weekly chart and on monthly chart.
ICHIMOKU CLOUD: It says GBP/USD is in uptrend and will remain in uptrend for some more time.
TVS: Its in positive.
RSI: It is above 60.
WEEKLY CHART: It is rising after correction to the middle level of Bollinger Bands.
Previous month it has closed in red and this month till date is in green and I expect some fall next month.