Cable; Time Is Ripe For Breakout

FX:GBPUSD   British Pound / U.S. Dollar
44 0
This pair has been in a trading range box for the few past days. Now the time is ripe for a breakout. Which way? I bet higher but beware of the stiff resistance overhead, at 1.56 area where a massive bearish Bat awaits the naughty bulls.

Good luck,

Ali Sharif Azadeh, CFTe
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