I think now GBP/USD shows us a good sign to buy. Let me show you this screenshot (GBP/USD Daily Chart as of Today):
As you can see there are few points that lead us to open a buy from this chart:
1. The break of the trend line (yellow in color)
2. Retest of the trend line break and bounce back
3. Third time price hit 1.9724 line which shows us a good support there
4. Price is reaching to 2.0000 area which will bring another high
5. MACD is about to breach 0 level line
With these 5 signs from the chart, we can trade this with more confidence. However, please bear in mind that this is a daily chart and therefore you need to have more patience in trading if you want to see more profit.
The profit you can expect is more than 300pips from this trade but your stop loss should be more than 150pips away or you can put (correction:150pips) 50pips below 1.9724.
We will see how the price react and have a great forex trading week! 