Trend of the Day: GBP/USD

GBP/USD has managed to break above the 1.50000 handle decisively after many false attempts.

GBP/USD has managed to break above the 1.50000 handle decisively after many false attempts. The cable should find its way up to the 200 SMA at 15715. Stops should be placed below the May 7th low of 14942.