Hi Traders,
GBPUSD has been declining slowly till a low of 1.3180 today and bounce back up to 1.3220 currently.
I expect GBPUSD will bounce back up higher to around 1.3300s level after making a higher low .
If GBP gets stronger soon, GBPUSD might even break 1.3400s to make a higher high on the daily chart.
For now I am still bullish on GBPUSD.
GBPUSD has been declining slowly till a low of 1.3180 today and bounce back up to 1.3220 currently.
I expect GBPUSD will bounce back up higher to around 1.3300s level after making a higher low .
If GBP gets stronger soon, GBPUSD might even break 1.3400s to make a higher high on the daily chart.
For now I am still bullish on GBPUSD.
![](http://www.dukascopy.com/imageserver/img/aee9e31bb59a1838ac19330a7dd06652/500_2/image.jpg)