FX:GBPUSD   British Pound / U.S. Dollar
Looking at the weekly and daily charts there is a lot of bullish momentum on GBPUSD .

The question is, is it the start of a new uptrend or is it just a correction in the current downtrend?

We will wait and see what happens next week.

If price breaks above the current level we will wait for a pullback and buy signal to go long. Otherwise we will look for opportunities to short.
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