saml01
Long

Outlook on GBP/USD

FX:GBPUSD   British Pound / U.S. Dollar
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My bias for this pair is bullish for a few reasons. From a technical perspective, a strong bullish run at the end of last week from 1.19500 looks to indicate the bulls are finally getting some strength. If i was to see a retest of 1.22500 level I would look for more bullish confluences for a potental long set up, aiming for 1.24000 as my first target. This pair is a risky one due to the brexit situation so for the time being I will sit back and watch.
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