GBPUSD Rise After Breakout

As you see on the 4H time frame, after a downside move, price has made a higher low and is moving upwards.

There is a resistance level around 1.31600 which has pushed the price to the downside for several times in the past.

If price breaks the red resistance level to the upside and closes a bullish 4H candle above this level, I expect a rise on GBPUSD towards the next major high around 1.3220