GBP/USD Forecast by CaPhiLe.Com: Bullish
The Gbp/Usd currency pair is showing a pretty clear bullish signal.
Based on technical analysis, on the 4-hour time frame, an uptrend is present, the pair is on the verge of retesting the resistance at the old high.
On the 1-hour timeframe, the price has broken through the retracement channel line, and is confirming a pretty clear bullish signal.
Based on that big picture, CaPhiLe.Com's view on this currency pair is: Continued bullish.
We will find the right place to enter a BUY order.
Good luck.
Best regards,
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