Pound/Dollar has been in an almost 2 week consolidation phase like its inverse pair Dollar/Cad. It broke through a strong resistance zone with a large impulse candle. My bias is we will most likely see this pair gain a little bullish momentum or consolidate around price 1.31070 until Friday and then pullback on NFP day Friday then more continuing bullish momentum. If a bullish candle closes back in the zone my bias will be changed.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.