As I said in my previous forecasts, GBP retraced back for the second time towards the support line 1.2747. This line acted as a key support line in April 21st 2016 and as a resistance line in December 5th 2016, now that the price is above, I expect a possible rejection from this line to the upper side towards 1.3489. On the daily c hart above, long positions seems more ideal towards 1.3489. My advice, look for long positions towards 1.3489.
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