the third test of a 2016's low on GBPUSD . it is a crucial moment for the pair and the future direction of the pound closely depends on its reaction.
I admit both scenarios and will be patiently watching market behavior within the underlined area. taking into consideration current events, everything can happen so be prepared.
I still believe in sterling strength so I am on the bullish side, but I know a lot of skeptics out there as well!
what is your take on GBPUSD: will it break or support will be respected?