Just as in Euro, the British pound continues to rally to the upperside but is yet to give us any clear signs for a buy. If the price can rebound clearly from the lower trendline, then this will be the best place to consider a possible long term buy positions. And in case the price breaks below the lower trendline, then this will be the best place to consider a possible long term sell positions. The ideal position here is a buy, I therefore recommend looking for long positions only on this chart.
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