NannePost

Cable just failed below January swing high

FX:GBPUSD   British Pound / U.S. Dollar
It looks like cable is still in a bearish trend, since it didn't took out the swing high.

4-Hourly Chart
Broke out of the descending channel, but closed back in it.

Intraday Chart
Cable made a clear inverse V-shape bounce and currently tracks a Schiff Pitchfork
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