$GBPUSD- Decision?
Currently the cross is @ 1.5524 after putting in the bottom. The Cross has built an inverse head and shoulders pattern which is bullish but we could still have another run to the bottom at or near our current spot. Our next lower target back to the bottom @ 1.5400(big Psychological number – could bounce). A breakout of the downtrend would target the Fibo @ 1.5688.