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GBP/USD update (20th April 2017, 11:00)

GBP/USD looking to push higher once more.

GBP/USD looking to push higher once more.

GBP/USD is rallying after a period of weakness yesterday. The wider picture has seen the pair break higher from a three-month symmetrical triangle.

As such, further gains seem likely, with a break through $1.2859 a good signal that the uptrend is going to come back into play this morning. Until then, any further downside would be seen as a temporary, counter-trend move.


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GBP/USD update (20th April 2017, 11:00)

GBP/USD looking to push higher once more.

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