The growth in volume and bullish divergence for the currency pair during the Weekly period gives a hint, perhaps it is worth taking a closer look at other currency pairs with the pound in conjunction. With this approach in mind, I made Weekly analysis of pound pairs. You will see what happened in this figure:
prnt.sc/usxktt
I'll add it myself. Observing the bullish divergence for the gbpnzd, gbpchf and gbpaud currency pairs and the bearish eurgbp divergence, it is possible to assume that such a scenario will support the pound in the near future. Do not forget to check currency pairs for divergence on higher timeframes, especially if there is confirmation for several currency pairs at the same time. Good luck and profit to you.
prnt.sc/usxktt
I'll add it myself. Observing the bullish divergence for the gbpnzd, gbpchf and gbpaud currency pairs and the bearish eurgbp divergence, it is possible to assume that such a scenario will support the pound in the near future. Do not forget to check currency pairs for divergence on higher timeframes, especially if there is confirmation for several currency pairs at the same time. Good luck and profit to you.