GBP/USD remains in a strong uptrend on the daily chart, although prices began retracing on June 16th. We're now looking for momentum to revert to its bullish trend.
Whilst prices failed to hold above May high, they're now back above them having formed a 3-day bullish reversal pattern (Morning Star). A small bearish inside day formed due to the 3-day weekend in...
Expecting the cable to fall to the 1.38100 level after which I'll be looking for signals to buy the pair. Please follow me for more charts, signals and analysis.
