GBPUSD currency pair recently reversed up with the daily Doji from the support area located between the round support level 1.30000(which has been reversing the price from March) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the earlier
short-term impulse wave (iii). Given the strength of the aforementioned support area – GBPUSD currency pair can be expected to rise further toward the next resistance level 1.31000 (which stopped the earlier minor correction (ii)).