Published March 18th, 2009 - 06:46 GMT Al Bawaba A B wave low is in place for the GBPUSD. Rallying through the top of the channel that has contained the decline since 1.50 would bolster the bullish case. Until then, confidence in short term direction is low. LatestPopular Netanyahu held secret visit to UAE during Iran war Iran accuses Kuwait of attacking fishing boat as Gulf dispute deepens Trump arrives in Beijing for a summit with Xi Jinping Man arrested for threatening to bomb Nintendo headquarters US most powerful nuclear trinity weapons head toward Iran Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news