Recently, Gbp broke out above the upper trend line acting as a resistance to the falling channel. This is a clear bullish dominance signal and unless there's a clear decline below the same trend line to the lower side, I expect a steady rise towards 1.3555 or even higher. As it is, only a long position seems more ideal and advised towards the just said take profit. The key lines to check for on the upper side include 1.3515, 1.3535 and 1.3555. A break above these lines will surge the price further upwards towards 1.40.
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