The pound was under good recovery phase and now testing weekly resistance
We have to see bearish pin bars at daily and weekly timeframe, however, the rejection is not that significant
Also while checking daily and 4Hr time frames, Trend is adhering to the previous swing levels – Which makes it a bullish trend
Let’s look at some possible scenarios
Daily time frame
4Hr time frame – Scenario 1
4 Hr time frame – Scenario 2
