GBPUSD - Trading the Falling Wedge
Notes on chart with detailed explanation.
In summary, a retest to 1.498 - 1.495 cannot be ruled out. That is the support level to watch in the coming days. If it holds, expect a rally back to 1.555 as the minimum price objective.
In summary, a retest to 1.498 - 1.495 cannot be ruled out. That is the support level to watch in the coming days. If it holds, expect a rally back to 1.555 as the minimum price objective.
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