Now we have almost confirmed an inverse head and shoulder breakout on the 4-hr chart, courtesy of Bank of England's decision to keep interest rates unchanged.
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Both the chart in a way add credence to each other and confirm the GBP is likely to move higher in the short-term.
A daily close today in Cable above 1.3315 (23.6% fibo retracement) would open levels up to 38.2% Fibo.