Since bouncing from the Brexit's lowest low 1.1530. Gbp- has remained confined above the rising trend line and is not showing any signs or breaking below it. Unless the price clearly breaks below 1.3302 and also below the lower trend line with a big red candle, I expect a momentum to the upper side. On the way upwards, the key lines to look for include 1.3635, 1.4130 and 1.4375. A breakout above these lines will push the price further upwards towards 1.4565 or even higher.
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