1.6230 is GBPUSD Pivot

[B]My picks:[/B] flat, although watching GBPUSD for possible trade against 1.6230
[B]Expertise:[/B] Technical
[B]Average Time Frame of Trades:[/B]

The rally from 1.6231 is in 3 waves but could be wave i of an ending diagonal in the wave v position. Staying above there keeps the trend pointed up. Although structure is bullish above the mentioned level, I prefer to wait until after the holiday weekend before moving forward with this idea.