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The pound rose against the dollar as shorts still prevailed!

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
ex009_Trading  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
2
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trendanalysis harmonicpatterns chartpattern
During the second half of Wednesday, GBP/USD remained in a range around 1.2450. While upbeat durable goods orders data helped the greenback hold its ground, improved risk sentiment allowed the pair to limit losses.
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