The GBP/USD pair broke higher during the session on Wednesday, clearing the top of two hammers in a row. Because of this, it should be a decent buying opportunity. That being the case, the market should continue to grind higher, probably aiming for the 1.5350 level first, and then ultimately the 1.55 handle. 1.55 handle is massively resistive in our opinion though, so we do not anticipate that it will get broken above. The 1.50 level below is massively supportive and runs all the way down to the 1.48 with its support.
