GBPUSD is poised to move higher in the coming days

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD             has held the trendline on the 4 hour chart over the past 3 1/2 months. Buyers are firmly in control at this stage of the game. We would like to see GBPUSD             trade above our moving averages before initiating a position.

W will be buyers above 1.56400, stop set at1.55200. Target are 1.57550 - 1.58000.
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