A quick look at the British pound index:
1) GBP index is currently stuck in a channel
2) 20 day moving average crossed the 50 day moving average to the upside (see the zone highlighted in yellow)
3) bullish divergence: price is decreasing whereas MACD lines are going up: this is a sign of a potential trend reversal
4) buy trigger: when the price goes above the resistance at 1.5000 (see the red line on the chart), be ready to go long.
If you prefer to avoid trading on the Forex directly, you can buy the Rydex CurrencyShares British Pound Sterling Trust ETF (FXB) (see chart below).
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