GBPUSD M45 OUTLOOK

The chart for GBP/USD on a 45-minute timeframe, with the current price at 1.27399, highlights several Change of Character (ChoCh) and Break of Structure (BoS) points, indicating trend shifts and continuations. The price is moving towards a demand area around 1.26903, suggesting a potential bullish reversal. A projected "W" pattern indicates a possible double bottom before a bullish breakout, targeting around 1.27573, with a stop-loss near 1.26793.