Moves above the 1.5450 level and runs 25 pips
The GBPUSD has followed the EURUSD higher. Whereas the EURUSD was breaking above the 50% retracement and the 200 day moving average, the GBPUSD was making a move above the 1.5443-51 area (let’s call it 1.5450). The next target is 1.5486 and then 100 day MA at 1.5512