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After experiencing a 3.94% bearish move in the space of 29 days, nobody knows where GBP/USD is headed.

Those of you that are trend followers are probably eagerly watching GBP/USD to see if its latest 3.94% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 29 days move.

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US30 is approaching 30726.0000. We expect either a breakout through this line, or a rebound.

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USD/CAD is approaching 1.2979. We expect either a breakout through this line, or a rebound.

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