Gbp is currently trading above it's daily pivot line 1.28562. Following the break above 1.2681 and then a retracement to the same line Gbp has picked a momentum to the upperside. I expect a rise towards 1.3306 and even a break above to continue long towards 1.4637. On the way upwards, key lines to be checked include 1.3146 and 1.2992, if the price cen breakout above these lines, then the price could rise furtjer upwards. Key support lines that could act as key buy lines include 1.2681, and 1.2117. If the price pulls back to these lines, then these will be the best places to buy this Gbp.
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