The momentum is still bullish on the Pound after the bounce we saw on top of 1,60 in the beginning of the week. A break above 1,62 would validate a bullish resumption with a next target at 1,65 (May high) with an extension towards 1,66 (daily bollinger band).
Only a break below 1,60 would leviate the upside pressure.
Provided by atf-forex-trading.com