GBP/USD: Is This A Rising Wedge?

GBP/USD finally reached the strong resistance level around 1.5760 visible on the weekly filter chart. As you can see in the screenshot above, the pair formed a pattern that strongly resembles a rising wedge and although it did break above the trendline, in my opinion this is a false break. Considering the strong resistance at 1.5760 and the rising wedge pattern, I expect that the pair will soon move to the downside and that drop will be considerable, initially reaching target 1.5600, although I think it might drop even lower. That said, even if we can expect a drop, the bullish trend is likely not over yet.