As you can see here, GBP/USD Direction, the Daily and 4hr charts are in an uptrend. At this time, even the 1hr and 15min charts are in uptrends! However, with the 400 PIP upward movement from last week, I am hesitant to enter going long at this time. There will most likely be a correction coming up before it continues further up. I will be looking for when it begins its correction/retrace and keep everyone apprised.

Happy trading!

LattePIPs