Daily chart: The GBP/USD is making a bullish rebound above the support level of 1.6851. This pair is likely to rise to the resistance level of 1.700. However, this bullish momentum could weaken over the hours, because the GBP/USD is close to making a breakout at that support level. The MACD indicator is in negative territory.
H4 chart: This pair has found resistance at the 1.6900 level and now, the GBP/USD is forming a higher low pattern below that resistance level. If GBP/USD manages to make a breakout in the support level of 1.6822, it's expected to fall to the level of 1.6785. The MACD indicator is entering neutral territory.
H1 chart: The GBP/USD has made a bearish rebound in the 200 SMA and now this pair is approaching again to the support level of 1.6850. If GBP/USD manages to make a breakout at that level would be expected to fall to the level of 1.6800. On the other hand, if the pair manages to make a breakout on the resistance level of 1.6900, it's expected to rise to the level of 1.6950. The MACD indicator is in neutral territory.
Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the GBP/USD pair breaks a bullish candlestick; the resistance level is at 1.6900, take profit is at 1.6950, and stop loss is at 1.6850.