GBP/USD Forecast February 14, 2017, Technical Analysis

The GBP/USD pair broke higher during the session on Monday, clearing the 1.25 level. The market has pulled back a little bit though, so this tells me that we will continue to see quite a bit of volatility. I think it’s only a matter of time before we break out to the upside though, because the support has been so strong. They move towards the 1.2650 level is what I anticipate next, but you are going to have to be able to deal with volatility and must be patient to realize those gains.