**Monthly chart** The GBPUSD long-term directional bias is been bearish since 2008. However, in Sept 2022 the pair touched and bounced from an all-time historical low of Feb 1985. Since then the short-term directional bias has been bullish. In July 2023, the price touched a high above 1.3000 level and was sensitive. Like EURUSD, the GBPUSD monthly candle (which is still active) is forming an engulfing candle after last month's Doji candle. Which indicates the short-term bias is bullish. …

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