GBP/USD remains a 'buy on dips' type of market.

In terms of the Sterling, other than random negative Brexit headlines, it looks like the latest episode of buy-side action has exerted enough momentum to enhance the prospects that bulls will continue in control of this market for the next 24h of price action. It’s not often that we see across the board green arrows, with the conviction enhanced by the nearly 1:1 ratio in correlation measures vs the DXY and bond yields.