GBPUSD October 20th |
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GBPUSD has moved slowly higher along the support trendline on Friday and in early Asian trading hours this week; the triangle is intact and a break outside this pattern could be the signal we've been waiting for. Looking carefully at how price action develops around the UK open to avoid a possible false break that can lead us in the wrong direction, that's why it is better to wait for the first retracement after the break. Read More...
Filed under: Technical
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