GBP/USD is not giving in… yet
I read everywhere that 80% expects GBP/USD to rise at least a little bit in the short future (in the coming days) but it just doesn’t want to start moving to the upside yet. Cable remains very calm this morning as market waits for US open and US economic news. I would only consider going short below 1.7120 but my bid trigger is closer: from 1.7275 and above 1.73 is definitely consider this pair bullish.