As my bearish wedge scenario in GBPUSD was blown in to pieces, I needed to reassess my strategy in that pair and clearly I missed something very important. The fact is that we seem to have a triangle there, which may already be broken to the upside and on firday with the help of NFP we went back and re-tested the upper trendline of the triangle. It is too early to consider the breakout to be valid but there is a good chance that it is. Either way, I'll be watching this pair very-very closely.
