The GBPUSD it’s been trading in a short term range since last Thursday:

So right know these are the possibilities:

If the GBPUSD breaks the green resistance level, it will trigger a bullish market condition

If the GBPUSD breaks the green support level, it will trigger a bearish market condition

If the Pound-dollar keeps trading in between both green lines, range trading is the way to go.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/