GBPUSD That’s likely why Cable briefly reached new highs and even broke to fresh highs of the year before pulling back slightly. Now the question is whether that spike was part of an ending diagonal—or maybe just a leading diagonal—followed by an a-b-c retracement before more upside.
GBPUSD In the realm of currency pairs, the British Pound to US Dollar (GBP/USD) is showing bullish signals based on options flow and the continuation of its current trend. The 1-month GBPUSD risk reversal has reached a new five-year peak