GBP/USD | Resistances ahead (READ THE CAPTION)

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GBP/USD | Resistances ahead (READ THE CAPTION)GBP/USDOANDA:GBPUSDAmirAliTradingBy analyzing the hourly chart of GBPUSD we can see that after sweeping the liquidity below the 1.3500 level, it bounced back up but dropped again and is now being traded at 1.3505, below the April 27th NWOG Low and inside the April 20th NWOG, and above the consequent encroachment of the gap which is at 1.3503. Now if Cable holds above and stabilize above the Consequent Encroachment of the gap, further drop towards 1.3486, the bullish OB and then 1.3460 is expected. If GBPUSD breaks above the 1.3507 level strongly, next targets for it will be at 1.3518, 1.3530 and 1.3542 levels respectively. In my view, Cable will go higher if it stabilizes above the NWOG C.E., but there are several obstacles ahead of it, the so called resistances which are the Lows and Highs of the Inefficiencies and the Consequent Encroachments. However I believe that GBPUSD will go higher, maybe not with high speed, but eventually 1.3542 will reached.