Despite the gap below the daily support line 1.2747, GBP continues to consolidate around this place and could continue unless 1.2747 is not clearly broken to the upper side. However, as it is now, GBP is above 1.2747 but I'm still hesitant to trade this pair, instead, i'm waiting for a confirmation that this breakout is genuine, then I'll long it towards 1.3489. On the daily chart above, I would remain flat temporarily.
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