GBPCAD has been carving out a descending triangle since early July, with a series of lower highs connected by a falling trend line while a horizontal floor around 1.8726 has repeatedly held as support.
EURGBP broke below its long-term descending trend line back in June, confirming a shift from the sideways-to-lower grind that had persisted for months.
GBPUSD has broken above the descending trend line that had been capping price action since early May, hinting that the pair could be gearing up for a more sustained recovery.
EURGBP has been under pressure since topping out in early June, with a descending trend line capping every attempt at a bounce along the way down.
GBPJPY successfully broke above a resistance zone around 214.50 to 216.00 in early July, fueling a sharp rally to a swing high near 219.62.
GBPAUD has pulled back sharply from its recent highs near the 1.9361 swing high, retreating to test its rising trend line and the 50% Fibonacci retracement level at 1.9083.
GBPUSD has carved out an inverted head and shoulders pattern since mid-June, with the head forming near the 1.3140 lows and the shoulders taking shape on either side around the 1.3300 region.
EURGBP has broken down from a descending triangle pattern that had been forming since May, with price sliding to fresh lows around the 0.8550 minor psychological level before the recent bounce.