GBP to USD:
The GBP/USD D1 chart shows price resistance, and in June the price has also been trying to break through the current resistance level but has been unable to break through. So this time we can still go short at this support level. Our stop loss will be placed above the resistance level, and once the upper resistance level is breached we will go long along the trend.
The H1 chart shows that the price has been trying to break the lower support level and has also been trying to break the upper resistance level. Been stuck in this range. Then if you are a trader who is looking for more insurance, you can wait and wait for the break below the support to go short.
The short-term can be bearish, and the long-term can be deployed at a low level.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.