The GBPUSD made short work of testing the top of its channel after better than expected GDP data. The pair is currently resting just below channel resistance at 1.6130. A break or hold of the 1.6130/40 area will dictate price action into the end of the week. A hold could see a slow drift back down towards support at 1.6050. If the cross manages to break higher 1.62 is the first level of meaningful resistance.
Keane Plan...Looking for a break or hold at these level.
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