GBPUSD: Remains On The Offensive.
I really hope for the second.........
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GBPUSD: Our call for more upside offensive is underway as we look for GBP to take out the 1.5683 level and trigger further gains. This will pave the way for a run at the 1.5750 level followed by the 1.5800 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, the risk is for GBP to reverse its corrective recovery and return to the 1.5320 level, a tough call at its current price levels. Further down, support resides at the 1.5200 level and then the 1.5100 level. On the whole, GBP continues to retain its upside offensive.