Despite the bearish pin seen last week, Gbp continues to rise upwards and will continue to rise. Beneath the close of this pin, is a key support line 1.2941, and unless there's clear breakout below it, I expect this line to shield any penetration. Thus, If the price can drop perfectly to this line, then this will be a good place to long Gbp towards 1.3460. My advice, remain flat and buy Gbp around 1.2941.
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