GBPUSD SUPPLY ZONE 1.55

Hi Traders, the British Pound has made a killing recently against the other pairs and made me more than happy ;o). Based on currency strength analysis, the GBP is the strongest G8 currency but we might have a decrease in strength at 1.55 as we will touch a strong supply zone. This may lead to a retracement or a reversal in the path of the longer term downtrend.

Happy pips!