On the GBPUSD chart, we can see that the pair is reaching the strong upside resistance 1.3050 and is testing the falling trendline. If we get a close above this trendline level we could see a complete reversal higher into the 1.3200 level.
Note: look for the long trade entries on a break above the 1.3050 level with the stop loss below the 1.2950 level.
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