GBPUSD is slowly breaking above a declining trendline

Long

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

GBPUSD is breaking above a declining trendline that may become support again. Large H&S pattern is still valid, its target coincides with yearly pivot point @1.507. GBP won't decline despite worse than expected job data, Brexit polls shifting in favour of 'remain', COT data - everything looks bullish for GBP at the moment.

Comment:

Halfway in just 10 days. And no (zero) likes so far? Poor me. :D

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