GBPUSD, H8Price has now made a retracement back down to the 1.40 previous resistance, now confirmed as new support level. Now that this level is officially broken, we are now open to further levels above, like the high we just made and previous higher high in the channel. However, with USD Retail Sales news coming up, depending on the data outcome, we could either see price dump back towards support or push higher.
Learn More on Retail Sales
https://a1trading.com/140521-us-retailsales/
