Well pound is still in this strong uptrend. I do look for some reaction at the 1.6741 level. If we get a close above this level and then get conformation then lookout it is going to test the 1.704 high. Just have to wait and see. When sterling is trending strong like this I believe it is best to trap and trade breakouts of triangles, flags,
pennants, and bases. I just draw my trend lines on the 15 min chart and trade breakouts with conformations. Let's see what happens with this upward strength.
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