Looking at GBPUSD’s chart, we can that it is trying to break through its resistance level at around the rate of 1.1595, being higher than its lowest level of around 1.1420 occurred in the past two days.
Today, if this upward pace continues, we could expect it to approach its next resistance level which is located at just above the rate of 1.17, otherwise, it should fall back towards its support level at around 1.15.
(Click on image to enlarge)
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