GBP/USD to go higher?
GBP/USD has been a dip-buyer’s paradise for the past two weeks or so. Now we are looking to see whether the pair can continue its ascent and push through the $1.2706 high from the end of January.
Beyond this lies the $1.2865 level, which served as support back in July and August. A turn lower requires the establishment of a new lower low, which would only occur once $1.2469 is broken.