Long GBPUSD on a bounce off purple trendline. Target 1 = 1.2576, Target 2 = 1.2705, Target 3 = 1.2910. Stop loss is 1.2450.
Use the red trendline as a gauge on the strength of the move i.e. if GBPUSD moves past red trendline with ease, then targets 2 and 3 look to be achievable.