GBP/USD Price Analysis: Bulls move in and eye daily 1.1600 resistance – by fx_ross GBPUSD Technical Analysis
The price is correcting into the 1.1530s and should they hold, the upside is compelling for the sessions ahead. , the pound has moved higher from a key support ahead and is taking on the bears with higher levels eyed for the day ahead. It was explained that the focus was on the upside for a retest of the highs. ''The price has left a W-formation on the chart and a break of 1.1516, the prior candle high, could seal the deal for a grind higher towards 1.1550 and beyond the recent highs.
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