Pound dollar has been on a strong uptrend. since November price increases you can see it is steady. If you wish to take long on this market place stops at 1.4 where trend line resistance is strong. buyers may see pound dollar may hit 1.45 in no time if resistance Is not broken.
Pound dollar has been in a strong uptrend with price increases from november. It is a strong trendline with higher high and lower lows. breaking many support levels in a short time. after todays pound inflation data, 1.4 will act as resistance if you wish to go long on this market.