Sentiment : 1.6050 1.60
The pair GBP/USD has continued its bullish movement and the breakout of 1.6150 gave us a new buy signal. All indicators are bullish. The pair is still moving above its long term bullish slant (black line). We continue to advise long positions as far as 1.6050 is support. The breakout of 1.62 will give a new buy signal and open the way towards 1.6250. In case of return below 1.6050, we will wait the breakout of 1.60 to advise short positions.
Chart of the pair GBP/USD - Timeframe 4H - Zoom in :
Chart of the pair GBP/USD - Timeframe 4H - Zoom out:
GBP/USD Live Chart - Timeframe : 4h