Consolidating Rise in GBPUSD

From the GBPUSD chart above, we can deduce that the GBPUSD is rallying to touch the 4h support at 1.37474 but there is a tendency of it shorting beyond this price because of the day chart major support at 1.37277.
NOTE: All order should be pending as we anticipate Gov. Bailey(governor BOE)'s speech in the next 2hrs 40mins.