GBP / USD – Longs
US housing starts data sinks yields, rates
US $ sold broadly against EM & DM ccys, GBP / USD rallies to a 3-month high Rally stalls short of 2021 high (1.4240) from Feb 24, little pull back seen
Daily RSI is rising and not overbought yet, implies upside momentum remains
GBP / USD longs looking for break above 1.4240 / 50, will then target 1.4375 / 80
Should bears take control 1.4000 test likely, if breaks 1.3800, 1.3675 eyed
