Wednesday, February 18, 2015

Possible pullback to the 1.5400 on the GBP/USD

The Pound has been strengthening versus its major peers after the fundamental data from the United Kingdom came out better than expected. That is why we have seen that the GBP/USD has broken above the 1.5400 level, which is also yesterday’s high. A pullback to this level is possible and if it happens, then that could be a good opportunity to go long. Let’s be attentive to that possible pullback on the 15 minute chart.


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