The British pound has shot straight up in the air again during the trading session on Friday, as we continue to go completely parabolic. Having said that, it is obvious that we need some type of pullback in order to get involved.
The British pound has broken above the crucial ¥155 level, and it looks as if we are trying to go to even higher levels. That being said, we are still not above all of the resistance, but we are getting there.
The British pound rallied a bit during the course of the trading session on Wednesday but continues to see the ¥155 level as a major barrier.