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GBP/USD Remains Firm

GBP/USD Remains Firm

GBP/USD – Sterling/dollar remains firm

We’ve been bullish on the GBP/USD for a number of weeks now and that bias remains, especially after the recent push higher we’ve seen since the false break of support down near 1.5465 on August 7th. Price is beginning to build up some steam here just below 1.5660 resistance, and we could see it break above that level soon. Traders can continue to look to be buyers on weakness, ideally on a price action buy signal, whilst above 1.5465.

GBP/USD Daily Chart

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