The GBP/USD is bullish. Today it’s Friday and we might see a continuation up after a retracement due to profit taking.
If the market breaks lower to 88.6 we should see a possible move up. Uptrend should continue towards next targets. 1.3560, 1.3603, 1.3640 and 1.3660. The price shouldn’t break below 1.3438 as this will be a possible deeper move down towards the gap close. Buying the dip is still possible due to the breakaway gap.
The Analysis has been done with the Black Widow system.