Hello.
Let’s take a look at the GBP/USD hourly chart.
Overall, it seems like we may still have more potential room to the upside.
However, in the shorter term, look for a potential price correction down to 1.6250 and below.
IF we do see a continuation to the upside, look for a potential price target of 1.7000 in the longer term, however, let’s let the next few days/weeks play out to look for any clues about the strength of the bullish movement.
Good luck with trading and as always, use your money management as well as your stops.
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