The GBP/USD exchange rate continued to trade within the descending triangle pattern.
From a theoretical perspective, it is likely that the British Pound continue to trade sideways against the US Dollar within the predetermined pattern in the nearest future.
Meanwhile, note that the currency pair could gain support from the 55– and 200-hour SMAs near 1.3590. Thus, a breakout north could occur, and the pair could target the psychological level at 1.3660.
