FXstreet.com (Buenos Aires) - GBP/USD Current price: 1.5052. Moving inside an ascendant channel, the pair continues pushing higher despite indicators show the pair is over bought in the hourly. However, there are no signs of reversal yet. Channel roof lies at 1.5080/1.5100 zone, and seems likely the pair attempt to reach that zone before corrective movements become.
Break above the mentioned channel roof, could trigger extra bullish momentum in the pair, said Valeria Bednarik, collaborator at FXstreet.com. 20 SMA continues leading the way, acting as dynamic support for the pair.
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