-USD/GBP broke it's trendline and a resistance level;
-It is now retesting that level so a good opportunity for a long position is on the table;
Do always use stop-losses and remember this is not financial advice.
There is a Pennant forming on the GBPUSD 15min Chart. There was a strong Downtrend that started late last night. It has since consolidated and forming the pennant. This pennant is in the form of a right triangle. The top of the triangle being the 1.3155 resistance level.
Fundamentally, it makes sense to be short this pair as well. USD has been strong with the...