01 Agustus 2017, GBP/USD
Technical Observations
As I stated on the previous forecast, Gbp ascended even higher and could rise even further upwards. Unless there's a clear break below 1.3079, I expect an instant rise towards the daily resistance line and even a breakout above to re-buy Gbp towards 1.4673. This is from a bullish perspective, if the price should get rejected from 1.3461 or if the price breaks below 1.3079, then these are the only places I'll consider a short position. On the daily chart above, long position seems more ideal and can be recommended towards 1.3461.
Technical levels:
Resistance levels
R1: 1.3168