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The GBP/USD's reversal from 1.4377 (2018 highs) to 1.4285 past could be a sign of bullish exhaustion. Still, the outlook remains optimistic as the impulse studies hold back the optimistic bias: 5,10 and 21-day MAs trend north, indicating bullish setup. he descent seems so far disciplinary after the span ripe rough 400 pips straight, and technical readings confirm so, as the decline stalled a containerful of pips above the 23.6% retracement of its latest optimistic run, which in the 4 hours graph converges with a bullish 20 SMA or so 1.4280.
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GBP USD News - FXStreet