Rotuma

GBP/USD: Approaches estimated long target at 1.30815

FX:GBPUSD   British Pound / U.S. Dollar
The British Pound consolidated at 1.29520 resistance for two days before taking off, breaking through 1.3000 and 1.30415 during the overnight session. The pair trades at 1.30463 at the time of writing and could reach its third target at 1.30818 as per my previous estimate if it holds above 1.30415.

Resistance: 1.30815, 1.31265, and 1.31565
Support: 1.3000, 1.29520, and 1.29150

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