The GBP/USD continued with the uptrend via a series of higher highs and lows. A bullish continuation could take price up the main Fibonacci targets around 1.3250-1.33.
The GBP/USD will probably continue with the uptrend as long as price stays above the support trend line (blue). A bullish breakout or bounce could indicate a continuation towards the Fibonacci targets.
The GBP/USD bounced at the Fibonacci level of wave X and posted a higher high. Price seems to be ready for a bullish continuation but it must break above the resistance trend line (orange) or bounce at the Fibonacci retracement levels of wave B vs A.