As the is highly overbought now, a retracement into the structure level is very likely, but if this level holds then a hike is very possible.
Pay close attention to the news today, there is important news for both GBP and USD and this rally might be accomplished before you know it. Personally I'm looking to go long between 1.5300 and 1.5320 with a stop loss below 1.5260. Potential profit is 180-200 pips.
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