GBP/USD rose during the course of the day on Thursday, in anticipation of Scotland staying within the United Kingdom. Because of this, the market broke above the top of the shooting star from the session on Wednesday, which of course is a very bullish sign. With that, the market could continue going higher, and if the Scots stay within the United Kingdom, we certainly believe that this market will continue to go much higher. With that, we are very bullish because we believe that the referendum will vote to stay within the union, and have begun buying the British pound as a consequence.
