The GBP/USD pair rose during the session on Friday, breaking the top of a hammer from the Thursday session. Because of this, it feels that the market is ready go higher, and that we will finally see the buyers step in and push this market to the 1.70 level, which has been our target for some time. However, we recognize that there is a little bit of noise above, so do not expect a quick and easy move. Regardless, we are bullish of this market as we feel that the pullback has simply collected more buyers.
