DeGRAM | GBPUSD got out from the triangle

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📊 Technical Analysis
● Price pierced the blue-labelled trend-line and is threatening to exit a month-long contracting triangle; successive higher lows since 3 Jul show demand absorbing every dip.
● A confirmed H1 close above 1.3650 completes the pattern, unlocking the 1.3700-1.3720 supply zone (June range cap) with measured-move scope toward the broader channel midpoint at 1.3770.

💡 Fundamental Analysis
● Post-election political clarity and an uptick in UK 2-yr gilt yields narrow the policy-gap, while Friday’s softer US NFP trims Fed-rate expectations—both favouring sterling over the dollar.

Summary
Buy 1.3620-1.3650; break >1.3650 targets 1.3700 → 1.3770. Long bias void on an H1 close below 1.3590.

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