Jal121

GBP/USD - 1.41 Tag. The bull run continues.

OANDA:GBPUSD   British Pound / U.S. Dollar
GBP/USD - 4HR Chart

Price has tagged 1.41. Last week we saw price finish above 1.40. This key psychological level (1.41) in price is coinciding with the top of our ascending channel on Cable, so will we see a bearish day for the pair?

Keep an eye on this pair. It is currently very fundamental. How much weight do these psychological levels have in these market conditions?
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