Yesterday, Gbp pulled back slightly to the upper side but is still below the resistance line 1.3302. Unless there's a clear bullish breakout above this resistance line, a rejection from this resistance is highly expected. Thus, I'm still hesitant to long Gbp rather, I'm waiting for a rejection from this line to short Gbp towards 1.2728, if this resistance is broken, then the price will likely continue upwards towards 1.4835. On the way upwards, key resistance lines can be seen at 1.3759, 1.3496 and 1.3391.
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