Chart of The Day $GBPUSD 2-24-2017

On the GBPUSD daily chart, we can see that the pair has broken above triangle 1.2500 level but is approaching the confluence of the trend lines resistance. It is trading in the sideways range between 1.2000-1.2680. Above 1.2680 we could see a test of 1.2900 level. Breaking below 1.2400 could lead to a 1.2200 retest.

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