GBPUSD Wednesday, February 24
The GBPUSD pair continues to move higher and GBPUSD has reached the level of $ 1.4240. The definite failure of the canal ceiling has intensified the upward movements of the market. The short-term trend of the pound against the US dollar is up to the long-term resistance of $ 1.4376. The definitive break of this resistance will pave the way for GBPUSD to move 100% Fibonacci at $ 1.4748. In the eyes of traders, if the pair crosses below the partial support of $ 1,4053, the short-term GBPUSD trend will be neutralized.
