Earlier this week, Gbp failed to rise above the weekly resistance line 1.3290. Following the rejection from this line, I expect a drop in price towards 1.2725 or even lower. As it is, if you're not short already, you could wait for a second attempt to rise above this line to short Gbp, or wait and sell below 1.3142. Unless the price breaks above 1.3290, I remain reluctant to long Gbp, however, if the price breaks above 1.3290, then the price will continue rising towards the next resistance line set at 1.4612.
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