GBP/USD Awaiting Break from Consolidation under 1.56

Consolidation with bullish bias: GBP/USD has been rallying in an upwards channel since the March and 2013 low at 1.4830. It has currently stalled near the rising channel resistance and after briefly cracking the 1.56 handle, but has held above 1.5580. Friday’s reaction to the positive NFP was…

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GBP/USD Awaiting Break from Consolidation under 1.56

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