GBP/USD Forecast April 21, 2014, Technical Analysis

The GBP/USD pair did almost nothing during the session on Friday as the Good Friday holiday would have drained of liquidity. Because of this, it appears of the market still looks like it once the pullback a little bit from here, but ultimately we do believe that the market goes higher. On a break of the top of the shooting star from the Thursday session, we believe that the market goes to the 1.70 level. Pullbacks down to the 1.67 level should be buying opportunities as well when you see supportive candles.