We continue to look for key-support at 136.41 to be able to protect the donwiside for a clear break above the next resistance at 137.20 for the next impulsive rally higher towards 137.88 and 140.20 as the next upside targets.
Short-term key support is seen at 136.41 which should continue to protect the downside. We might see short-term penetation below this support.
We are long GBP from 135.45 and we have our stop placed at 135.45.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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