GBPUSD is approaching the outer trendline for a 3rd touch and this also coincides with the Fibonacci zone. This is a very simple trend continuation set up with a target price of 1.35 achieving a high reward ratio.
However! - It takes 3 touches of a trendline to confirm it. So as of now... price could break out and prove this trendline to be false. There are 2 ways you can handle this information.
1) Go for it anyway and accept the risk in return for the reward.
2) Wait for a confirmed bounce off the trendline, wait for the CTL to be broken and then go long to 1.35 which should still provide a good R:R ratio anyway.