GBP/USD Forecast. Remain long

As previously forecasted, the corrective wave (b) traded short but could not break below the immediate supportive trend line. Following the rebound from this trend line, we expect a possible bullish price movements towards 1.41114 or even higher. This means, if you’re not long already, now is the correct time to go long. Expect a similar rally in GBP/HKD and AUD/USD. These pairs have a strong correlation and will have a similar price action during today.