Recently, Gbp spiked higher and even closed the gap if formed on June 8th at the resistance line 1.2962. Unless 1.2962 is clearly breached to the upper side with a big green candle, I expect a rejection from this line to short Gbp towards 1.2762. If 1.2962 is broken, I'll wait for a pullback to the just broken line to long Gbp towards 1.33. On the 4 hour chart above, I would remain flat temporarily and wait for a breakout or a clear rejection
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