Recently, GBP entered into a range only rallying within the rising wedge. On the 4 Hour chart above, buy positions seems lucrative within the rising channel, however, any clear bearish breach below the lower trend line will signify a breakout and may push the price lower. My advice, unless there's a clear bearish breach below the lower trend line, remain long, a breach below this trend line will push the price to the lowerside..
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