[B]My picks:[/B] GBPUSD limit buy at 1.4770, against 1.4579, target 1.55 and 1.60
[B]Expertise:[/B] Technical
[B]Average Time Frame of Trades:[/B]
Trading above 1.4990 negates the triangle pattern and therefore the near term bearish structure. What is more likely now is that a flat is underway towards 1.60. This is favored as long as price is above 1.4579 and short term support is at 1.4765 (Fibonacci).