Trading has been sloppy but making a break higher now
The GBPUSD is making a break above trend line resistance at the 1.5214 level on the hourly chart. Stay above and the buyers remain in firm control.
The pair earlier today, tested the trend line and backed off before the recent break. The move above should solicit more buying with the 1.5260 (50% - see chart below) as a potential upside target. Before that, the 1.5242 area will be eyed (see chart)
