We continue to look for a clear break above minor resistance at 147.00 for a continuation higher towards 148.50 on the way to 151.50.
Support is now seen at 146.25 which we expect will be able to protect the downside for a firm break above 147.00.
We are long on GBP from 146.25 with our stop placed at 144.80.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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