GBPUSD is breaking the ascending triangle
On the GBPUSD daily chart, we can see that the pair is trying to break above the 1.2711 ascending triangle neckline. This break could open an upside test of the next 1.2850-1.2900 strong resistance zone. Invalidation of the upside reversal will come only in the case of a daily close below the 1.2650 level.
Note: look for the long trade entry with the stop loss below the 1.2670 level.
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