GbpUsd had a strong recovery last week which led to a break of the descending trend line and suggesting that the correction is over. A small correction followed after 1.25 local top and the pair looks ready to continue its bull run. The weekly candle is a bullish engulfing which also suggests up that a bottom is in place at 1.2250. Dips should be bought and the target for next week can be 1.2650 resistance