British Pound

The head & shoulder bottom objective was reached today and closed right near the MR2 for the second day in a row.  We've also closed above the 100 DMA for the past 3 days, which is a bullish sign.  We have now reached my first two price targets (conservative and moderate).  The only one left is the aggressive target of 1.5637, which is the 261 fib projection of the dominant ABCD pattern.  If we surpass that level, then I will start to monitor higher areas for possible resistance.