Pound Potentially Offering Up Another Great Trade

The Pound is rockin' again, and I'm long once again...because my system gave a buy on the hourly time frame a couple of days ago. The currency pair is at a pivotal point...a point where it may form a double top and tank, or break out to new highs and offer up an enormous long trade. Here's the chart with my TLT Trender v2 indicator:As noted in my chart, I think the Gbp/Usd will see 1.75 if it breaks through the overhead resistance level. I would suggest entering a long trade if it does break through that level with a profit target around 1.73-1.75, or keep the long trades open if your already long. I'll give an update once the pair breaks the level or if my system registers a sell signal. As always, time (and price action) will tell.

TLT