GBPUSD is another one that’s been pushing nicely recently. With that, it looks like a reversal is coming with a structure change on the 4H. We’re currently sitting inside a massive inside bar, so if this candle holds (and if not the IB candle the last high) then I can see this having a massive push to the downside and either A) blowing through that purple zone and starting a bearish trend or B) Holding that level before a big push to the upside.
Trend Analysis

Haftungsausschluss