The GBPUSD is struggling to find its way. We no longer have the bullish momentum that was present in late 2019, and sellers haven’t been able to sink their teeth in, at least not yet. But the indecision isn’t surprising. The GBPUSD has produced some stellar opportunities over the last few months. We had the break above descending channel resistance on September 4, 2019. That led to the 800-pip October 2019 rally. Then came the breakout from the consolidation between 1.2770 and 1.2980 on December 3, 2019. We were fortunate enough to catch that one in its entirety. So some choppiness and indecision from the pound is ... (full story)