The GBP/USD pair rallied during the session on Wednesday, breaking above the 1.50 level. With that, it appears of the market is trying to break out to the upside but we are not buyers until we get above the 1.52 level as that is the end of the significant resistance as far as we can see. We have no interest in buying until then, but we would sell a resistive candle if we get the opportunity. Ultimately, we will have to wait to see what happens but certainly things are interesting at the moment.
