GBP/USD: confirmed 'Double Bottom'
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There's a 'Double Bottom', which has been confirmed, so the price is consolidating under the 89 Moving Average. It's likely that the pair is going to test the nearest resistance at 1.3113 - 1.3146 in the short term. A pullback from this area could lead to another decline towards the next support at 1.3047 - 1.3032.
We've got a 'Flag' pattern, which has been broken. So, after a short break, the market is likely going to test the closest important resistance at 1.3109 - 1.3149. If a pullback from these levels forms next, there'll be time for a bearish price movement in the direction of the last low.