This is an idea for an intra-day trade on GBPUSD, if we manage to hold above the previous small resistance level then we can consider a small buy position into the next key level marked. It is quite obvious that GBP has finally reacted to the beating it was taking and on the lower time frames, you can see that price has begun to shift.
IG Client Sentiment - 52%...
After watching how price has developed over the last day I am more inclined on a buy bias on this pair. I will be waiting for a confirmed close above the resistance and the key level marked before I place any trades.
