GBP/USD : Daily Triangle 1.6286 / 1.6589

Generally do not pay too much attention here to daily charts given my trading time frame and long term holding style. But nice technical pattern forming on daily chart that warrants a mention for a short term trade. (Last 1.6550).

Monthly : Unsure. Probably has come back too much for one to keep looking at downtrend.
Weekly : Uptrend intact. 1.7043 is possible target from monthly chart.
Daily : Triangle being formed. Boundaries are now at 1.6286 and 1.6589. It is the latter chart-point that is of interest given that triangles are continuation patterns. IF we close above 1.6589 and there is follow through to the upside (by no means guaranteed), the triangle target is 1.7439 which coincides nicely with a previous chartpoint at 1.7445 on the weekly chart.

Contemplating ramping up risk here if we do break the daily triangle. I hesitate because cable is my biggest position already, long since 06Apr09 (Rule #8 Limited Pyramiding). Also as a rule, I prefer to rely on weekly and monthly patterns than daily (too much driven by noise). Keeping an open mind for now.