Since the 16th of June that we posted about a possible breakout in the GBPUSD, it has been trading in a bullish market condition, and it still is in a bullish market condition:

The GBPUSD is about 100 pips below the next LT resistance level, which is where the market could retrace back.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/