The GBP/USD pair broke higher during the course of the day on Wednesday as we used of the 1.50 level as a bit of a springboard. We broke above the top of the hammer from the previous session, which of course is a very bullish sign, and even broke to a higher high than we formed last week. With this, we think the pullbacks will continue to be buying opportunities as the market should then try to go to the 1.52 handle and even the 1.53 handle. We have no interest in selling at the moment.
