Earlier this week, Gbp rose slightly to the upper side but is still below 1.3341. I expected a drop towards 1.2854, but as it appears, Gbp could rise towards 1.3341, where I'll be looking for a precise sell position with my take profit set at 1.2854. If the price should break below 1.2854, then further drop towards 1.1731 is expected, the key lines to check for on the lower side include 1.2739, 1.2300 and lastly 1.2010. If these lines are breached, then further drop towards 1.1731 is expected.
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