The British Pound is consolidating at yesterday's highs, after the BOE report on inflation, and back to the levels of rates of June 25, however, we believe this bullish momentum should stop at the 1.5585 fractal and very strong resistance area, so we recommend selling at this level because it is more likely to see correction for the next few days, however Momentum indicator is in bullish territory, and is even more likely to continue to rise until the area daily fractal, but a breakdown of the MACD line will be a signal to sell this pair, we recommend to stay cautionary.
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