Looked at from a wider point of view, Gbp merely tested the daily support line 1.2747 and has currently picked a momentum to the upper side. I expect a rise towards 1.3489 and a breakout . On the daily chart above, long positions seems more ideal but if the price can decline below 1.2747, then I may consider a short term short position towards 1.2082.
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.