The GBP/USD pair broke higher during the course of the session on Friday, breaking above the 1.45 handle. What’s most important to me is the fact that we formed a bit of a hammer during the course of the week, so I think that if we can break above the top of the range during the session on Friday, we should continue to go higher, perhaps reaching towards the 1.45 region. Pullbacks should show plenty of support all the way down to the 1.4350 handle. One thing you can count on though is going to be volatility.
