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Gbp crosses are looking to breakout of downtrend as GbpUsd strength continues
GbpUsd is going up on its way to retest previous highs
At the same time GbpAud has broken a downtrend
It looks like traders are bullish Gbp
Lots of US data today - including the Yellen speech- does not seem to be expected hawkish
US is coming back on its promise to raise interest rates a number of times this year
I will be looking if 61.8% retracement of previous move down GbpUsd holds
This level is around 1.4340, and …
GbpUsd is going up on its way to retest previous highs
At the same time GbpAud has broken a downtrend
It looks like traders are bullish Gbp
Lots of US data today - including the Yellen speech- does not seem to be expected hawkish
US is coming back on its promise to raise interest rates a number of times this year
I will be looking if 61.8% retracement of previous move down GbpUsd holds
This level is around 1.4340, and …