The British Pound was trading upwards this Wednesday, moving away from the danger zone and trying to reach the 1.60 level.
The test level 1.5913 / W_PP) is the key level for the growth of the British pound. If the day closes below this level, the price will likely reach the 1.5783 level, which is equal to 61.8% of Fibonacci retracement, on the other hand, if the market closes above this level buy short-term objective 1.6023 is recommended.
The MACD indicator is showing bullish signals.