GBP/USD Analysis (August 18)

The Cable was one the big movers of the last trading session reaching a top near 1,66.
The pair managed to break through the July high (1,6480) which confirms a bullish outlook. Next target comes at 1,67 (weekly 200 moving average) if we do see a break above 1,66.
We will remain bullish as long as 1,6350 is support.