The British pound is slowly gaining momentum to the upperside. As we mentioned in our previous forecast, while the price remains above the previous day's highest high, I expect nothing but a possible momentum to the upperside. The idea is to keep looking for low risk buy positions expecting a break beyond 1.3530 towards 1.3790 and may continue much higher. This idea remains true as long as the price is held above 1.3335. A break below this level will pu8sh the price much lower towards 1.30.
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