GBP/USD Forecast February 24, 2017, Technical Analysis

The GBP/USD pair broke higher during the day on Thursday, and it looks as if the British pound is going to continue to find strength over all. I have been talking about a potential trend reversal, and I think we’re going to get that, especially after a pull back from the Article 50 triggering. The 1.24 level below continues offer support, so I’m buying short-term pullbacks for short-term gains. Eventually, we could reach towards the 1.30 level, and a break above there could send this market much higher. I have no interest in selling.