Above is the 4-H chart of GBP/USD. A strong resistant zone is found at around 1.572-1.577.
On the other hand, the price should be following the purple Pitchfork. Therefore, the support is at around 1.563 currently, and the level is rising sharply too.
Stochastic lines show a bearish cross. GBP probably stops surging and calms down for a while. We should be aware of 1.563 and see whether it would further rocket after reaching this level.
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