GBPUSD Second Bullish Leg

GBP has been showing great strength across the board and GBPUSD is no exception.

Price cracked the 1.31 handle hard, pulling up to 1.315 before pulling back. We're now consolidating on previous broken resistance at 1.31

Buyers appear to want 1.32 or more before considering a bearish reversal.

A very structured W pattern shows more potential to the upside, giving off a second leg. Shooting for 70-100 pips.

Follow the trend.