The GBPUSD followed risk higher on Friday after news from Spain and a better than expected NFP report.  The cross moved up to trend line resistance around 1.5650 after testing support at 1.55.  The cross appear to be in a triangle on the 4hr chart.  The ascending trend line at 1.5510 creates support.  A breakout above trend line resistance could expose Thursdays high at 1.5675 followed by the 50 fib from the May lows at 1.5782.

Sup  1.5510

Res  1.5650

Keane Insight:  See if the triangle is respected into the Asian Monday Open.

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