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 if broken will signal bullish move

gl all
الترجمة الى الانجليزية اظهار الاصلي