GBPUSD is to decide

Updated
GBPUSD broke below the ascending line from Sep 2020 (green line).

If it breaks above the purple line, we can expect a rise to 1,4192. Otherwise it can fall to 1,3676.
Trade active
Still testing the purple line.
Trade active
The currency pair is waiting for the PMI announcements, today (5 July) for GBP and tomorrow (6 July) for USD.
Trend Analysis

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