The minor correction from 136.35 seems to have been completed. We are looking for a break above minor resistance at 135.35 as confirmation for the next impulsive rally above the mini-peak at 136.35 for a continuation higher to 139.77 and to 148.32.
Short-term support is seen at 134.14 with short-term support at 133.47.
We are long GBP from 135.35 and we have placed our stop at 133.10
The material has been provided by InstaForex Company – www.instaforex.com