Trend analysis (Figure 1).

Volumes give the probability of upper work. According to technical analysis, the price for this week may move upwards with the first upper target of 1.3065 - the retracement level of 23.6% (blue dotted line). What is the level of probability that this scenario will be shown in the comprehensive analysis.

Fig. 2 (weekly chart).

Complex analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- volumes - upwards;

- candle analysis - neutral;

- trend analysis - up;

- Bollinger lines - up;

- monthly graph - up.

Conclusion on the complex analysis is an upward movement.

The overall result of calculating the candle of the GBP/USD currency pair on a weekly chart shows that the weekly price would likely have an upward trend with the absence of the first lower shadow of a weekly white candle and the absence of a second upper shadow.

The first upper target is 1.3065 - the recoil level is 23.6% (blue dotted line).

* The presented market analysis is informative and does not constitute a guide to the transaction.