GBP/USD is still pulling-back in an up-trend. Overall the dominant short-term bull-trend is expected to resume and take the pair higher eventually, particularly if there is a break above 1.64175. The bullish count calculated using the column at the base of the pull-back on the 26th November, generates an upside target of 1.6680, which could eventually be reached, although a nearer-term target is at 1.6550.
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