ClearEdgeFX

GBPUSD - HEADING NORTH TO 1.5700?

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD looks like it wants to retest the recent swing points around 1.5654 and possibly even 1.5800 if buyers gain control of the market. In the recent days we saw a bounce off of the supply zone (the blue box on the chart) along with a retracement to the 1.5200 level followed by today's impulsive move that suggests more price action to the upside.

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