Trading with Trendlines: GBP/USD in the Beginning of Next Week

My analysis about GBP/USD from 21st 09 2016>>>  was correct and all that I expected happened.

The pair reached the resistance trendline at 1.31000 and rebounded to the downside, towards the support at 1.29450. It even succeeded in breaking below that level and reaching 1.29147, but it could not remain below that level for long, and climbed back up towards the breakout at the trendline, closing as a pinbar at 1.29577 on the four-hour time frame.

The pair retracing and forming that pinbar above the breakout, as well as the increasing divergence on the four-hour time frame between the chart and the RSI indicator (I am referring to the last four lows), convince me even more that in the beginning of the next week we will see a renewal of the move to the upside and we will also likely see a new test of the resistance trendline around 1.30200 – 1.30250, after which I think there will be a new drop to test the support at 1.28400.

In the alternate scenario there will be a move to the upside towards 1.32000 and higher, but at this stage this seems less likely, considering the bars on the weekly time frame, which are clear signals for a move to the downside.