Following a bounce from the support line 1.3059-1.3048, gbp has been in a constant up trend, and is still showing signs of rising even higher. Just recently, Gbp rose above the short term resistance line 1.3165, and is still rising. The next key resistance line following the just broken line is 1.3306. That said, I expect a rise to this resistance where I'll be looking for a sell trade. Should the price rise above it, 1.3306, then further rise towards 1.3495 is expected.
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