GBPUSD Weekly Markup

While I suspect GBPUSD has one more bull run, I think the medium/long-term direction will be down until their next rate hike is closer on the horizon. Watch for a bounce if it reaches that rising trendline, around the low 1.33000s most likely. Hard to say how high it would go. I'd take profit on any GU buys when the DXY looks like it's clearly bottomed.