At this point, GBP/USD prices have burst back-above the bearish trend-line that made up the resistance side of that triangle; and along the way, the 1.3000 level was taken-out in fast order. And while this may be just a short-squeeze scenario following last week’s breakdown, given the heavy calendar over the next few days, traders would likely want to move forward with a bit of caution on either side of the argument.